On Tuesday, CA Assembly Speaker John A. Pérez announced his proposal to balance the state budget and restore funding to a variety of programs. Perez claims that his “California Jobs Budget” would solve the budget deficit while creating private sector jobs and preventing economically harmful cuts to schools, public safety and the state’s safety net. Revenue for his proposed programs comes from an oil severance tax and funds borrowed from the California Beverage Recycling Fund and from the Disability Insurance Fund. Do the numbers add up?
John Pérez, CA Assembly Speaker. A Democrat, Perez represents the 46th district in the California State Assembly