The state of California is bucking the trend in these tough economic times with a budget surplus. While the federal government and just about every other state in the union are seeing recurring shortfalls, Gov. Jerry Brown has more money to spend.
At least some of the revenue is coming from tax increases, but there are also signs that the state economy is also improving.
Host Carmen Russell-Sluchansky spoke with Ed Ring, executive director of the California Public Policy Center, and John Ellwood, a professor at the Goldman School of Public Policy at the University of California-Berkeley, to discuss California’s budget.
Podcast: Play in new window | Download
