California budget

(Photo by Tim Boyle/Getty Images)

California Budget Deal Could Be ‘Game Changer’ For Education Funding

Gov. Jerry Brown and California legislators worked out a budget deal Monday that includes a key agreement about how to fund K-12 education and provide benefits to underprivileged school districts.

06/11/2013

California State Capitol in Sacramento (Justin Sullivan/Getty Images)

Legislative Leaders Say California Budget Deal Near

Gov. Jerry Brown and the Legislature’s Democratic leaders moved close to a state budget deal Monday that is expected to revamp education funding and begin restoring some of the social services cut during the recession.

06/11/2013

California Governor Jerry Brown. (Max Whittaker/Getty Images)

Poll Finds Most Californians Favor Saving Budget Surplus

Most Californians favor paying down the state’s debts and building a reserve over additional spending for social services, according to a poll released Wednesday that provides a boost for Gov. Jerry Brown’s budget plan.

05/29/2013

California Gov. Jerry Brown (Max Whittaker/Getty Images)

Brown Tells Counties To Help Pay For Medi-Cal Expansion

Gov. Jerry Brown told county officials Wednesday that the state cannot afford to “double-pay” as he seeks to expand California’s health care program for the poor, meaning counties will have to forfeit millions of dollars in state funding.

05/29/2013

The floor of the California Assembly during a recent session. (Getty Images/Justin Sullivan)

Lawmakers Return To Sacramento With Many Eyeing New Spending

The California State Legislature returned to work on Tuesday to examine Gov. Jerry Brown’s proposed budget amid a widening divide over how much money the state can spend.

05/28/2013

California Gov. Jerry Brown discusses pension reform during a news conference on August 28, 2012 in Los Angeles. (Kevork Djansezian/Getty Images)

Brown’s Latest Budget Includes Major Infusion For Schools

Gov. Jerry Brown’s latest budget proposes a $17 billion bump for California’s K-12 schools over the next four years, a dramatic turn-around from the teacher layoffs and program cuts that became common during the recession.

05/15/2013

California Governor Jerry Brown speaks during a news conference at the Port of Oakland on July 9, 2012 in Oakland. (Justin Sullivan/Getty Images)

Improving Finances Send Gov. Brown’s Approval Rate Soaring

A new Field Poll finds that Jerry Brown is enjoying his highest job-performance ratings since returning to the governor’s office two years ago.

02/21/2013

California Gov. Jerry Brown (Max Whittaker/Getty Images)

Gov. Brown Proposes Rosier Budget, More Spending

Riding a wave of new tax revenue, Gov. Jerry Brown is proposing a state spending plan that eliminates the massive deficits of recent years and provides nearly $5 billion more in spending over the previous year.

01/10/2013

California State Capitol in Sacramento (Justin Sullivan/Getty Images)

California Budget Deficit Shrinks; May See Surplus By 2014

The nonpartisan legislative analyst says California is facing a much smaller deficit of $1.9 billion through the end of the next fiscal year and could even see surpluses over the next few years.

11/14/2012

A sign welcoming Facebook is flashed on a screen outside the NASDAQ stock exchange at Times Square in New York, May 18, 2012. (Emmanuel Dunand/AFP/GettyImages)

Hopes For California Facebook Windfall Sink As Stock Slides To All-Time Low

Shares of Facebook plunged to all-time lows after early investors and insiders were allowed to sell their shares Thursday, dimming California’s hope for a capital gains windfall that would help balance the state budget.

08/16/2012

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