Wednesday, November 14, 2012

New Budget Estimate Could Mark End of Decade of Cuts

California’s state budget has turned a corner, marking the possible end of a decade of steep program cuts that have devastated education, health and welfare programs. That’s according to a new budget forecast by the state’s independent Legislative Analyst’s Office. The passage of Proposition 30, together with an improving economy, could lead to a growing budget surplus that could reach 9 billion dollars in coming years. Christopher Martinez reports from Sacramento.