California Lawmakers Approve Record $156.4 Billion Budget
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California lawmakers approved a record $156.4 billion budget for the most populous U.S. state after they struck a last-minute deal with Governor Jerry Brown over spending levels.
The plan passed by the Democratic-controlled senate and assembly yesterday boosts state outlays 5.8 percent in the fiscal year beginning July 1. The general fund, which pays for most core operations, will rise 9.6 percent to $108 billion.