California Governor Jerry Brown has released an updated budget proposal that includes more money for schools this year, and less overall spending next year.
His spending plan for the fiscal year that starts in July includes about $1.3 billion less than his January proposal. Brown says the state’s economic picture has weakened due to the federal sequester and the federal payroll tax change.
“We have climbed out of a hole with a Proposition 30 tax. That is good, but this is not the time to break out the champagne,” says Brown.