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April 19, 2024 |
2017-18 California budget a done deal SACRAMENTO – (INT) – Governor Brown Tuesday signed a balanced, on-time state budget that, he says, maintains fiscal prudence in uncertain times.
The Governor’s signature comes after an agreement with Legislative leaders earlier this month. Brown did not wield his line-item veto power this year. “This budget provides money to repair our roads and bridges, pay down debt, invest in schools, fund the earned income tax credit and provide Medi-Cal health care for millions of Californians,” Brown said. Among the more popular additions to the budget is the expansion of a state tax credit for low-wage workers — a change that could make a million more households eligible for the benefit. The budget also gives $3 billion more to schools and steps up support for state-subsidized child care, increasing reimbursement rates for providers and updating income requirements for participating families. Some parents lost their eligibility when minimum-wage increases took effect this year. Story Date: July 6, 2017
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