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$200 billion California budget deal rejects health care, tax breaks for undocumented
Sacramento Bee: Gov. Jerry Brown and Democratic legislative leaders struck a $200 billion budget deal on Friday that rejected two proposals that would have expanded access to health care and tax breaks to undocumented Californians.
The budget sets aside enough money in reserves to fill the so-called Rainy Day Fund with a sum equivalent to 10 percent of general fund spending, almost $14 billion. It places another $2.2 billion in contingency funds for other unexpected emergencies, and creates two new reserve accounts that might provide flexibility in downturn.
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