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By Catholic Online (NEWS CONSORTIUM)

1/9/2014 (2 years ago)

Catholic Online (www.catholic.org)

Taking advantage of Golden State's turnaround, Brown seeks to turn money back into California

California Governor Jerry Brown is set to propose a blueprint in new spending proposals. Brown is set to propose millions to be put towards schools, health care and other social programs. The governor intends to take the money reaped in California's economic turnaround back into the state.

'Wisdom and prudence should be the order of the day,' Brown wrote in an introductory message to his 271-page plan. The governor will make the plan public tomorrow.

"Wisdom and prudence should be the order of the day," Brown wrote in an introductory message to his 271-page plan. The governor will make the plan public tomorrow.

Highlights

By Catholic Online (NEWS CONSORTIUM)

Catholic Online (www.catholic.org)

1/9/2014 (2 years ago)

Published in Politics & Policy

Keywords: California, Governor jerry Brown, schools, health care


LOS ANGELES, CA (Catholic online) - Brown's $155-billion blueprint would increase general-fund spending by more than eight percent, to $106.8 billion. Brown also intends to repay $11 billion in debts incurred during years of state financial crisis. It's not all just a matter of spend, spend and spend, either: Brown also wants to stash $1.6 billion in a reserve fund to act as an economic buffer.

"Wisdom and prudence should be the order of the day," Brown wrote in an introductory message to his 271-page plan. The governor will make the plan public tomorrow.

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There are some parts of the plan that are sure to generate controversy. Brown wants to make it easier for local governments to issue bonds to pay for public works projects. He has also done a dramatic turnabout in his original opposition to releasing some elderly, sick and other low-risk inmates to help meet court-ordered limits on the state prison population.

Budget negotiations over the next several months will be crucial for Brown as he lays the groundwork for his expected reelection campaign. Lawmakers must pass a spending plan by June 15 so it can be signed into law and enacted by July 1.

Unions and activists have asked Brown to loosen the purse strings after years of deep cuts to social services and other government programs.

Running for office in 2010 with a pledge to repair California's faltering finances, Brown persuaded voters to approve temporary tax hikes in 2012. The governor has benefited from the state's recovering economy.

There's a happy ending: Administration officials now expect a $4.2-billion surplus by the end of June, in contrast to the $26.6-billion deficit Brown encountered when he took office in 2011.

The bulk of new money would go to schools and community colleges, which are poised to receive $10 billion more through the state's education funding formula. Some of that money was withheld in recent years as officials struggled to balance the budget.

Brown will also propose $1 billion more for higher education, in part to stave off the kind of tuition increases forced on students during the financial crisis. Brown will also continue prodding the University of California and California State University systems to improve graduation rates by dangling the possibility of $50 million in additional funding.

Pope Francis calls for your 'prayer and action'...

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Pope Francis: end world hunger through 'Prayer and Action'


Copyright 2016 - Distributed by THE CALIFORNIA NETWORK

Pope Francis Prayer Intentions for May 2016
Universal:
Respect for Women: That in every country of the world, women may be honored and respected and that their essential contribution to society may be highly esteemed.
Evangelization: Holy Rosary: That families, communities, and groups may pray the Holy Rosary for evangelization and peace.



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