Steyer on California Budget, Taxes

Jan. 16 (Bloomberg) -- Thomas Steyer, retired founder of Farallon Capital Management LLC, talks about his role in backing a California voter initiative that is credited in part for creating a projected budget surplus and prospects for a similar plan being implemented on a national level. Last week Governor Jerry Brown declared an end to California’s chronic fiscal crisis, projecting the first surplus in a decade thanks to spending cuts and $6 billion in new taxes approved by voters in the most populous U.S. state. Steyer speaks with Erik Schatzker on Bloomberg Television's "Market Makers." (Source: Bloomberg)

Full Show: Bloomberg Markets Middle East 07/24
32:44 - Full episode of "Bloomberg Markets Middle East." Guests include: Tarek Fadlallah, chief executive officer at Nomura Asset Management Middle East, and Jesse Downs, managing director at Phidar Advisory. (Source: Bloomberg)
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