California voters just approved more taxes, but the new state budget could still be lean on cash

[TexasTowelie]

In the six years since Gov. Jerry Brown returned to the state Capitol, his relatively parsimonious approach to state budgets has been consistent enough to leave few watchers expecting major surprises.

But recent events in California and the nation suggest the fiscal proposal Brown unveils next week could be his most circumspect to date, even after voters in November approved billions of dollars in additional taxes.

“We have a number of significant fiscal pressures that are looming,” said H.D. Palmer, the governor’s budget spokesman.

Although the details of the new budget plan remain under wraps, the underlying economic data are hidden in plain sight.

Read more: http://www.latimes.com/politics/la-pol-sac-jerry-brown-budget-preview-20170106-story.html