Jerry Brown and the Incredible Shrinking State Deficit

Governor Brown inherited a $25 billion deficit, which he and the legislature cut in half with spending cuts. Then revenues turned out to be $2.5 billion more than expected. Today, when Brown unveiled his revised budget proposal, anticipated revenues were up by $6.6 billion. Because of the state's two-thirds voting requirement, Brown's proposal still needs two Republican votes in both the Assembly and Senate.