Tuesday, June 28, 2011

CA BUDGET: Will the third time be the charm?

from SacBee CapitolAlert

28 June: For the third time this year, the Legislature will take up budget-related bills. But for the first time, the governor and legislative Democrats say they have a comprehensive agreement in place.

The Senate and Assembly are expected to begin floor sessions on the new deal in the late afternoon.

By accounting for an additional $4 billion in revenues, Gov. Jerry Brown said Monday that the revised majority-vote package to cross out a $9.6 billion deficit passes his tests. The deal includes a fail-safe if the extra revenues don't materialize.

Click here for details of the budget agreement.

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