KQED This Week In Northern California January 12, 2013
Is we have no deficit due to years of budget cuts and due to the new tax revenues were realizing from voters approval of proposition 30 in november and essentially as he said, this is a breakthrough. Its not without risks. He was careful to caution. Its only january. This is only the start of the budget process. We all mull it over see how the numbers develop. He puts out his may revision then the Legislature Starts fight over it and hopefully we have a document enacted by the end of june. Were only at the very beginning. There are a lot of risks along the way. Theres a federal deficit that ne...