Intercepts

A listening post monitoring public education and teachers’ unions.

Balanced Budget: California Style

Written By: Mike Antonucci - Feb• 01•12

In one paragraph, the Sacramento Bee‘s Kevin Yamamura tells us all we’ll ever need to know about California government money management:

The latest cash problem comes after the state has received $2.6 billion less than what Gov. Jerry Brown and Democratic lawmakers assumed in their optimistic budget last year. Meanwhile, Chiang said the state is spending $2.6 billion more than state leaders planned.

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