Governor's Revised Budget Includes Tax Help for California's Poor

Gov. Jerry Brown unveiled a record $115 billion revised budget proposal on Thursday, which includes a new tax credit for poor Californians. The budget also reflects a nearly $7 billion jump in state revenue, much of which will go to public schools as required by Prop. 98. We discuss the revised budget and what lies ahead for it in the state Legislature.

• More: Gov. Brown Steers Money Toward Schools, Universities, Tax Credit for Poor
• More: Revised California Budget Reinforces Brown’s Manifesto of Moderation