The California Spending Rush

By Conn Carroll, Washington Examiner - February 26, 2013

California's budget is balanced ... or at least that is what Gov. Jerry Brown wants you to believe, now that he "temporarily" hiked taxes on all Californians by $6.8 billion last year.

This past November, after voters approved Brown's income and sales tax hike through a referendum, the state's Legislative Analyst's Office projected that California would still end fiscal year 2014 with a $1.9 billion deficit. In January, just two months later, Brown claimed in his State of the State address not only that "the budget is balanced," but that the Golden State was on track to end the fiscal year with a billion-dollar surplus.

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