Understanding California’s Budget Implications for Health Care

After long and intense negotiations, the California Legislature passed a budget package on February 19, 2009 which the Governor signed the next day. The budget package made up of over 30 bills is primarily based on a framework developed by Governor Schwarzenegger and legislative leaders. It amends the 2008-09 budget as well as enacting the 2009-2010 budget. With the state facing a $41 billion deficit through June 2010, the current budget fills the gap through a series of spending cuts, tax increases, borrowing, and federal stimulus funds. The package also included several tax, budget and policy changes not related to closing the deficit.

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