California bullet train blasts budget, now set at $77.3 billion
on March 10, 2018
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The big news from California that Democrats are trying to promote is that there is over $6 billion in an unexpected budget surplus.
"We have to be on our guard. It's not exciting, it's not funding good and nice things, but it's getting ready" for the next recession, [California Governor Jerry] Brown said. But in the five months ahead of a budget revision in May, when the governor's Finance Department will offer updated revenue and spending figures, Democrats in the state legislature are likely to offer their own ideas about how to spend the state's $6.1 billion surplus, beyond the constitutionally mandated $1.5 billion contribution to the rainy day fund.





