Jan. 10, 2017, 11:24 a.m.
Gov. Jerry Brown predicts a $1.6-billion deficit as he unveils state budget
http://www.latimes.com/politics/essential/la-pol-ca-essential-politics-updates-gov-jerry-brown-predicts-a-1-6-1484075805-htmlstory.html
Less than four years after declaring California’s budget was balanced for the foreseeable future, Gov. Jerry Brown on Tuesday said the state is now projected to run a $1.6-billion deficit by next summer.
"The trajectory of revenue growth is declining," Brown told reporters at the state Capitol on Tuesday as he unveiled the state's budget.
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