Capitol Alert: Lao: Using Mortgage Settlement For Budget 'makes Sense'

The state's top fiscal analyst said today that it "makes sense" for California to help bridge its $15.7 billion deficit with mortgage settlement money, and that the state should be even more aggressive by using more money upfront than Gov. Jerry Brown proposed. Gov. Jerry Brown had more bad news for Californians about the state's economic condition Monday in his May budget revise.

Topics:  californians   medi-cal   california   gov jerry brown   brown   budget   sense   mortgage settlement   state   billion   proposed   money   deficit   

 

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