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GOVERNOR BROWN ON THE STATE BUDGET – 06/27/11 1728 S.S.

GOVERNOR JERRY  BROWN has reportedly abandoned his plan for a special election this year,  to ask voters to extend temporary tax hikes (as a way to help close California’s budget deficit).

Instead, he and Democratic legislative leaders announced a budget deal today,  that makes deep cuts to programs (and relies on an assumption that revenue will climb $4 billion more than expected).

Another $2.6 billion in cuts to schools and other programs would be triggered if the extra revenue fails to materialize.

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