Governor Jerry Brown, who has always taken a more conservative approach to spending, is using much of this year’s surplus to stash away billions of dollars in reserves, both because of the recession that he believes is looming and due to the prospect of the Republican Congress cutting social services in the wake of its vote for a tax cut last month that could swell the federal deficit by $1.4 trillion over a decade. Read More
Federal Legislation – Congress Struggles to Reach a Government Funding Deal
Congress started off 2018 with yet another showdown over government funding. Lawmakers returned from their holiday recess with just a few weeks to negotiate a compromise spending bill by January 19 (the date when appropriations would run out). Read More