Governor Jerry Brown unveiled his revised state budget proposal at a 10 a.m. press conference this morning.
This comes amidst a surplus in state revenue, which was $6.1 billion in January. In his prior proposal, Brown was conservative about spending, directing most of the surplus to reserves.
Going forward, Brown will be negotiating with the Legislature on the final draft of the budget, to come in the summer.
We get the latest on the revised proposal. What are the differences between this new version and the January proposal? How will Brown be spending (or saving) the state surplus?
H.D. Palmer, spokesman for the California Department of Finance