Month: November 2013
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We’re Gonna Have a Surplus, And It’s Burnin’ A Hole In My Pocket
The California Legislative Analyst’s Office’s Chief Analyst Mac Taylor is forecasting a budget surplus that could reach $2.4 billion by June 2014 and $5.6 billion by June 2015. The actual projection made by the LAO has the state at a $10 billion surplus in six years, provided that revenue and spending patterns continue at the same…