Democratic legislators have counted on a revenue surge to persuade Gov. Jerry Brown to loosen up on spending – but just the opposite is occurring.
With revenues for the current fiscal year now tracking the administration’s estimates almost precisely, it’s very doubtful that Brown will loosen up on spending.
Rather, he’s likely to continue to dampen legislators’ spending plans, warn again about a long-term revenue decline and urge that reserves be fattened as hedge against recession and/or reductions in federal aid by a Republican White House and Congress.
The Legislature’s liberal leaders have many spending priorities if the money is available.
Brown, however, is going the other way.
Brown’s “May revise” on Thursday will set the stage for a month of private negotiations over a final budget, which has a June 15 deadline for enactment.
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