By Senator Bob Huff “Because the budget passed today relied on the governor’s more conservative revenue projections it was a far better outcome for Californians than the plan legislative Democrats originally put forward. Their plan optimistically assumed $3 billion more in tax revenues than the governor’s, and they proposed to spend it all. However, the budget approved today still includes major spending increases for new programs and expands existing state programs, which will cost much more in future years and create pressure for additional tax increases.
“I am disappointed that the $47 billion voter approved tax increases from Proposition 30, which support this …read more
Source: State Senator Bob Huff
