News Headlines Article

California budget: Gov. Jerry Brown’s plan includes framework for deal on health plan tax
The Mercury News

With years of budget woes fading in the rearview mirror, Gov. Jerry Brown on Thursday unveiled the first draft of the state’s next budget — which includes a proposal for a new tax on health care plans that would prevent a $1.1 billion cutoff of federal funds.

Continuing to preach fiscal restraint, Brown pitched a $122.6 billion general-fund budget that he says makes key investments in education while also bolstering the state’s rainy-day fund and continuing to pay down old debts and liabilities.