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California State Budget Analysis - May Revise
May 14, 2014
Download file: State Budget Analysis - May Revise
In releasing the May Revision to the January State Budget, the Governor focused on his proposed “rainy day” fund and maintained his commitment towards paying down debt. Both are laudable and necessary goals. However, the proposed spending plan fails to match long-term planning about the state’s debts with long-term planning around our economic vitality.