Monday, June 10, 2013
State Controller Reports More Money
As our previous post noted, the legislature is due to produce a budget by Saturday. But it may not be one that is in accord with the governor's desires. The governor could veto the budget or use his line-item veto on it. In theory, the legislature could override the governor although some Democrats might be reluctant to do so.
You can find the controller's cash statement at http://sco.ca.gov/Files-ARD/CASH/fy1213_may.pdf
In the meantime, with the new numbers, the legislative Democrats are likely to be celebrating the fact that there is more: