California Facing Budget Surplus — So There’s a Problem?

$1.2 billion or $4.4 billion

Amount of the unexpected budget surplus California is projected to have this year, depending on whose estimate you accept, Gov. Jerry Brown or the Legislature’s independent financial analyst, respectively, reports the New York Times.The surplus comes barely three years after the state faced a deficit of nearly $60 billion.

Connect:

One thought on “California Facing Budget Surplus — So There’s a Problem?”

Leave a Reply

Your email address will not be published.