Jerry Brown, Democrats agree on new budget plan
Wyatt Buchanan and Marisa Lagos/San Francisco Chronicle
After months of attempting to find a bipartisan solution to California's budget deficit, Gov. Jerry Brown on Monday said he is no longer seeking Republican support as he and Democratic leaders announced a plan to balance the budget that will be voted on today. The move comes less than two weeks after Brown shocked Democrats by vetoing their plan to close the remaining $9.6 billion deficit, a plan he called inadequate. The new proposal relies largely on billions of dollars in previously unanticipated new revenue, but no additional taxes. If that revenue does not materialize, K-12 schools, higher education and social services would be hit with deeper cuts midyear. (more...)