18 Haziran 2012 Pazartesi

California plans to utilize reserves to close budget gap

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San Francisco Chronicle/Wyatt Buchanan/Marisa Lagos, 6/12/12.  "California budget set to pass legislative panels."
CA Reserves "good to the last drop"
"Lawmakers are expected to approve a framework for a state budget Tuesday, retaining most of Gov. Jerry Brown's plan but significantly reducing his proposed cuts to welfare, child care and other services that help the poor. Instead, lawmakers want to protect the programs in large part by slashing the state's proposed reserve nearly in half.
....  While their plan closely mirrors the proposal offered by Brown in May, numbers outlined by the Assembly call for a far smaller reserve - $614 million compared with the governor's $1 billion.Read Article.

* Catch word Branding.
Posted by Kathy Meeh

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