California Economy Could Cost Jerry Brown Re-Election

Jan. 14 (Bloomberg) -- The release of California Governor Jerry Brown’s 2014-15 budget last week was a cause for celebration in Sacramento. In news conferences all over the state, Brown triumphantly announced that his budget would invest in California’s schools, expand health-care coverage for millions and continue work on the state’s troubled high-speed rail project. All of this while Brown and his allies have been touting what they call California’s comeback as an example for other states to follow.

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