Cut bullet train, put that cash in rainy-day fund | Consumer Alliance for a Strong Economy

By The Editorial Board in Inland Daily Bulletin

June 10, 2016

A growing economy means fewer disagreements over government budgets. Gov. Jerry Brown and Democratic leaders in the Legislature last week crafted the outlines of a state budget, with some details left for this week and Wednesday’s constitutional deadline for passage.

For fiscal year 2016-17, which begins July 1, the outlines largely follow the governor’s May revision to his January budget proposal, such as limiting spending to $122 billion for the general fund. That’s down $1.8 billion from his initial proposal because of lagging sales tax receipts. But it’s up from $116 billion, or 5 percent, the previous year. So state government still is growing, just a little more slowly than anticipated in January.