lakeelmoleader.com
lakeelmoleader.com May 27, 2017


Gov. Jerry Brown's latest budget at a glance

13 May 2017, 10:44 | Rex Hubbard

Gov. Jerry Brown unveils his revised state budget on Thursday at the state Capitol

Gov. Jerry Brown unveils his revised state budget on Thursday at the state Capitol

"Over the past four years, we have increased spending by billions of dollars for education, health care, child care and other anti-poverty programs", he said in a release on the California government website. Though this would be a slight 1.4 percent increase from last year's general fund budget, it nevertheless represents record spending levels. "In the coming year, I don't think even more spending will be possible", said Governor Brown. "That is a staggering figure, it would be more than the state spends on higher education and corrections combined".

The California Academy of Family Physicians (CAFP) wasn't happy that the revised budget continues the January proposal's planned cut of more than $33 million next fiscal year for physician training.

Under current law, with the end of the Coordinated Care Initiative, county realignment funds would experience an increase in annual IHSS costs of about $600 million.

"Spending has gone up far more than anybody ever imagined", Brown said, citing a tax increase and improving economy. "Paying off future debt now is much smarter than creating new programs that inevitably are cut when budgets get tight again".

"That's why we are going to fight it", he said, blasting Republicans who voted for Trump's health care bill and turned their backs on constituents who rely on federally funded healthcare. "Voters were promised that these tax revenues would be used to pay for health care, dental care and education, yet the Governor's plan ignores that and redirects it for other purposes".

As California copes with a tempering of the revenue growth that's helped it reverse crippling budget deficits, it must also contend with uncertainty about federal policies on taxes and health care, which could squeeze its finances. This is based primarily on higher capital gains.

The release of Brown's revised $124 million spending plan kicks off a month of negotiations with the Democrat-controlled Legislature that must approve a budget by June 15.

Meanwhile state Senate Republican Leader Patricia Bates called the proposal a "lemon of a budget" saying that the state could not afford its increased spending.

Oppo beats Samsung in global smartphone sales during Q1 2017
The iPhone 7 user-base is still on an upward trajectory, ending March at 3.6%, earning third place among iPhones. The CMR Mobilytiks Insights report overturns many perceptions about what makes a smartphone popular with buyers.

Reducing Pension Liabilities: The May revision proposes a $6 billion supplemental payment to CalPERS with a loan from the Surplus Money Investment Fund - a step that saves the state $11 billion over the next two decades while continuing to reduce unfunded liabilities and stabilize state contribution rates.

Brown is withholding $50 million from the UC system after a state audit found administrators hid $175 million in a secret account while asking students for more tuition money. Administration officials say under a bill passed by the House last week federal funding for Medi-Cal would fall by $6 billion in 2020 and by $24 billion by 2027.

For K-12 schools, Brown's budget calls for spending to increase by about $4,058 per student over levels from the 2011-12 school year. The reason is simple.

"We want the activists, we want the parents and the teachers to go to their local boards and put the pressure on them, using the transparent accountability plan", he said, explaining that advocates no longer need to go to Sacramento to lobby for specific expenditures.

Update 1:08 p.m.: California lawmakers are reacting in predictable ways, after Governor Jerry Brown released his revised spending proposal for the upcoming year.

President Donald Trump is also pressing for cuts to corporate and income taxes and eliminations of deductions that benefit residents in highly taxed states like California. As a result, revenue for the first 10 months of this fiscal year fell short by $136 million.

He announced Thursday a revised outlook for the budget year that starts July 1.



Other News

Trending Now

'Deadpool' Series Coming to FX From Donald Glover!
Donald Glover hasn't yet announced whether he'll be lending his vocals to the series, with no castings being revealed as of yet. He added that he is thrilled about Marvel TV's relationship with FX continuing their collaboration for Legion .

Miley Cyrus is Back With a California Daydream Music Video for "Malibu"
The video, co-directed by Miley and Diane Martel , shows Miley smiling, holding balloons, and frolicking on the beach, near a waterfall, and in a field with a dog.

North Korea 'disrespected' China with missile test
At the meeting, he urged countries to exert pressure on North Korea, and said the U.S. would use military force if necessary. North Korea is seeking to develop a long-range missile capable of hitting the USA mainland with a nuclear warhead.

De Niro rips arts cuts in Trump budget
He joked that he did not need to make movies for the rich liberal elite as, 'I've got my restaurants for that'. A mutt who doesn't know what he's talking about, ' De Niro said at the time.

Jury awards record-setting $110.5M in baby powder lawsuit
Investors don't seem anxious that J&J is in financial trouble, even though the company faces an estimated 2,000 similar lawsuits. According to Cancer Research UK, most studies linking talc usage to ovarian cancer show bias or lack consistency with results.

UK hospitals turn away patients after cyberattack cripples computers worldwide
Colchester General Hospital shut down its IT systems on Friday after the NHS fell victim to a "randsomware" cyberattack. This is not targeted at the NHS, it's an global attack and a number of countries and organisations have been affected.

President Trump meets Russian foreign minister
In their meeting, Trump told Lavrov that Russian Federation needs to rein in Syria's Assad, according to the White House. Senior Democratic Senator Dick Durbin said the Oval Office encounter was a photo opportunity for Russian Federation .

Dick Advocaat to be hired as Netherlands coach
Blind's 20-month spell was a forgettable one as he failed to guide the team to the 2016 European Championships. He guided Netherlands to the quarter-finals of the 1994 World Cup and the semi-final stage at Euro 2004.

April Jobs Report: 211000 Jobs Added, Unemployment At 4.4 Percent
The headline unemployment rate also dropped to 4.4 percent in April, reflecting the continual tightening of the labor market. Annual wage gains firmed most of past year , reflecting increased competition for workers amid low unemployment.

82 freed Chibok schoolgirls arrive in Nigeria's capital
In Nigeria's capital, Abuja, anxious families were awaiting the official list of names of the 82 schoolgirls freed. At the initial release of girls in October, the government said the release of another 83 would be coming soon.