Governor proposes ‘no-growth’ budget: Possible recession and new Washington policies create prudence
Gov. Jerry Brown’s budget proposal for fiscal year 2017-18, which starts on July 1, is prudent. The General Fund expenditures are $122.5 billion, $240 million less than the current-year budget. In his press conference, Brown stressed the states vulnerability to gyrating income tax revenue and possible major shifts in availability of federal funds. The dark…


