California has its new budget for the fiscal year that starts on Monday.
Governor Jerry Brown signed the $96 billion general fund spending plan today at the State Capitol with Democratic legislative leaders at his side.
The governor said the budget is balanced and responsible – while still investing in education and health care.
“We know that for the last 10 years, that there’s been boom and bust. In fact, going back for 40 years, it’s been the sorry tale of most governors to leave town with a ton of red ink. I don’t want to do that,” said Brown.