Jerry Brown announces $1 billion in spending cuts
By Wyatt Buchanan and Marisa Lagos/San Francisco Chronicle
Public services in California will be hit with nearly $1 billion in midyear cuts over the next few weeks because the state will collect less revenue than anticipated in the budget approved earlier this year, Gov. Jerry Brown said Tuesday. Higher education, K-12 schools, public safety, and health and social services all will see a drop in funding, and Brown warned that state spending will face further cuts in the 2012-13 fiscal year under the budget proposal he will unveil in January. "The good news is the economy of California is recovering ... but (it's) still not enough to close the deficit built up for years," Brown said during a news conference at the Capitol. (more...)
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