California budget surges to record high as tax revenue soars; Brown pledges to pay down debts

  • Article by: JULIET WILLIAMS , Associated Press
  • Updated: January 9, 2014 - 4:00 PM

SACRAMENTO, Calif. — A robust economic recovery and surging revenue propelled by voter-approved tax increases have sent California's general fund spending to a record high, marking a dramatic turn-around from the state's days as the nation's poster child of fiscal dysfunction.

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carlbsJan. 9, 14 1:14 PM

You see Republicans. Another of your talking points dashed on the rocks. You raise revenue, maintain fiscal responsibility, and you have the recipe for success. Without the revenue, you got nothing.

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