RENEE MONTAGNE, Host:
As John Myers of member station KQED reports, finally getting a budget at all has brought no jubilation, but at least some relief.
JOHN MYERS: California faced a $26 billion budget hole when Jerry Brown took office in January. The hole was created by a long-term imbalance of taxes and spending and exacerbated by a floundering economy. But in the fiscal year that begins Friday, Brown and his fellow Democrats in the state's legislature are banking on hope that a recent uptick in tax revenues will bring in an unexpected seven-and-a-half billion dollars.
JERRY BROWN: We do expect more revenues in the budget year coming up. But in case we're overoptimistic, we have severe trigger cuts that will be triggered and go into effect.
MYERS: Still, California's biggest budget solution is less spending, to the tune of $15 billion.
DARRELL STEINBERG: This budget is the most austere fiscal blueprint California's seen in more than a generation.
MYERS: Democrat Darrell Steinberg is the leader of the California State Senate.
STEINBERG: Spending levels are at historic lows. And every sector of society will feel the difficult choices we've made to bring the budget into balance.
MYERS: Republicans, like state Senator Bob Huff, says the budget now in place proves those taxes were never really needed.
BOB HUFF: If we now have the revenue that we needed at the beginning of the year, why is it we keep going back to the voters and asking for yet more?
MYERS: For NPR News, I'm John Myers, in Sacramento.
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