California Governor Jerry Brown announces his public employee pension reform plan October 27, 2011 at the State Capitol in Sacramento, California. ; Credit: Max Whittaker/Getty Images
The revised budget proposal, released this morning in Sacramento, comes in at $156.2 billion -- $1.3 billion more than the one unveiled in January. Most of the extra money, $1.2 billion, would go towards the state's Medi-Cal program. The new budget proposal states that 1.4 million more enrollees than the state expected in January have signed up for Medi-Cal under Obamacare.
The revised budget plan also sets aside $142 million for the drought-related expenses. The state legislature is required to pass a budget by June 15. Lawmakers will lose pay if they fail to do so.
It other state capitol news, Assemblywoman Toni Atkins (D-San Diego) has become the new California Assembly Speaker--the first San Diegan to hold the post.
Guest:
Chris Megerian, Sacramento reporter for the Los Angeles Times. He covers state politics and the budget.