Brown Closes $16 Billion Budget Gap With Tax Increase

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Brown Closes $16 Billion Budget Gap With Tax Increase

BAC

Linked by Bloomberg ( track newsfeed | ignore newsfeed ) - June 28, 10:06AM from (www.bloomberg.com)

California Governor Jerry Brown closed a $15.7 billion deficit for the most indebted U.S. state, putting his signature to a second consecutive on-time budget after decades of delays amid partisan battles.
The budget passed by the Democrat-dominated Legislature relies on higher taxes that voters have...

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