Lawmakers to Vote on Rainy Day Fund Deal

From The Sacramento Bee:

The Legislature is expected to vote next week on a rainy-day fund agreement between Gov. Jerry Brown and legislative leaders, the governor’s office announced Thursday, hours after details of the agreement first emerged from the Capitol.

The deal resolves a major part of Brown’s budget proposal far earlier than usual in the annual budget-making process. It includes a higher minimum set-aside of general fund revenue each year than the Democratic governor had initially proposed, a measure necessary to satisfy Republicans.

Photo courtesy of ohad*, flickr

Photo courtesy of ohad*, flickr

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