Economy

Health Care Advocates See Missed Opportunity In Brown's Proposed Budget

Health Care Advocates See Missed Opportunity In Brown's Proposed Budget

Frazier added that the increased investment in K-12 and higher education contained in the budget proposal will make "quality education more accessible to California families". "That is just the reality". Jerry Brown (D) made significant investments in the state's child welfare and juvenile justice systems in the first version of the state's 2018-2019 budget.

The budget would squirrel away a big chunk of the surplus, allocating $3.5 billion to the state emergency fund and bringing it to $13.5 billion, or 100 percent of the fund's constitutional target.

He said Brown's plan "could reverse any progress made in the last decade - diminishing student access, success, limiting degree attainment and depriving California's industries of skilled professionals". "Here, modesty is not good enough".

"I am proud to see the Road Repair Act finally being implemented, protecting our economy by continuing to invest in our infrastructure", Frazier said in a prepared statement.

The much-outnumbered Republican caucuses have their own ideas for the surplus. Tom Berryhill (R-Modesto) said in a statement.

California's community colleges would receive $570 million more next year than in 2017-18, which reflects the increased revenue the state received.

Brown sent this annual budget proposal to the California Legislature Wednesday for the sixteenth and final time. The highs and lows of any given economic cycle could compress on the state's infamous unpredictable tax revenues.

"We can't turn on a dime in a downturn", he said. Brown's budget propounded $131.7 billion in prevalent fund revenue.

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Responding to the budget, school leaders tempered their praise for Brown by emphasizing that full LCFF funding is not adequate funding.

But the governor's proposal is only the opening move in a months-long political game, and there will be plenty of pressure on him from his fellow Democrats to spend more.

The proposal again provides funding aimed at increasing health care coverage for low-income Californians under the federal Affordable Care Act (ACA) while continuing to implement optional expansion that will cover almost 3.9 million Californians in 2018-19.

The additional $3 billion for the funding formula in 2018-19 will consume most of the projected increase of $4 billion over the current budget for K-12 schools. Since the end of the Great Recession, the University of California has received $1.2 billion in new funding and the California State University (CSU) has received $1.6 billion. A finalized version of the budget must be approved by June 15. Cities and towns will see significantly more money in their coffers - $2.7 billion compared to $1.6 billion a year ago - to pay for local street and road repairs, thanks to the gas tax.

"I can sum up the governor's budget in one word: smart", Yee said.

State officials are in a bit of a wait-and-see mode on the surplus, because part of the boost in December could be from taxpayers making early payments on tax bills they won't be able to deduct in 2018.

The state's fiscal health is especially crucial as it faces myriad challenges: record natural disasters, housing shortages and changes to federal tax regulation - all while it ramps up opposition to the Trump administration on several major policy fronts. Sales tax receipts came in $272.4 million lower than expected.

Illuminating the cap-and-trade legislation combating climate change that he signed last July targeting the reduction of greenhouse gas emissions 40 percent below 1990 levels by 2030, Brown signaled allocations for some $1.25 billion in resulting auction proceeds and revenues that he plans to further detail during his upcoming State of the State Address.


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