Governor Pitches Robust Budget as Revenues Surge
SACRAMENTO -- Gov. Jerry Brown proposed a $137.6 billion general fund budget for California Friday amid surging revenues, kicking off his last round of negotiations with Democratic legislative leaders. Brown's latest budget is up nearly $6 billion from his earlier proposal in January. The Democratic governor wants to save most of the surplus to protect spending during a future recession, proposing to set aside $13 billion in California's rainy day fund "to weather a storm that will be more like $60 billion."