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Gov. Brown, Speaker Perez Push for Rainy Day Fund Amendment

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Better-than-expected revenues continue to flood California's coffers, surpassing estimates in the governor's budget by $388 million just in January. That's according to the latest report released by the state controller's office on Monday. But what goes up will go down -- and Governor Brown is pressing lawmakers to set up a rainy day fund. The hope is to offset the financial volatility that's plagued the state for decades.

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