Governor Brown signs new California budget

Gov. Jerry Brown has signed a new budget for California that relies
heavily on voters approving his proposed tax hikes in November.
State lawmakers passed final budget implementing bills Wednesday
before Brown signed the main bill ahead of a midnight deadline.
California’s spending plan for the fiscal year starting July 1
includes welfare and social service cuts. Brown held off on signing
the budget until Democrats who control the Legislature agreed to
deeper cuts.
Brown’s tax initiative would raise the sales tax by a quarter
cent to 7.5 percent for four years, and boost income taxes on
people who make more than $250,000 a year for seven years.
If voters reject the tax initiative, a series of automatic cuts
will be triggered, largely on public schools.