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Gov. Brown Says California No Longer Has a Budget Deficit

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(Sacramento, CA)
Thursday, January 10, 2013
The governor is calling for an extra 2-point-7 billion dollars in school funding, along with slight increases for the U-C and C-S-U systems and state worker compensation.  But for the most part, programs still scarred from years of budget cuts aren't slated to get more money.  And Brown says that's how it should be: 
BROWN: "We're also not going to play the game of spending money we don't have, and then after I'm gone, somebody else comes along and has to face what I did - a $27 billion or a $20 billion deficit."
Brown might say the deficit is zero, but not everyone agrees.  In November, the non-partisan Legislative Analyst's Office projected a two billion dollar gap.  And even Brown acknowledges several risks to state finances - including the Fiscal Cliff uncertainty in Washington.
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Listen to Q & A session following speech

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