(Sacramento, CA) – Assemblymember Phil Ting (D–San Francisco), Chair of the Assembly Committee on Revenue and Taxation, issued the following statement about Governor Jerry Brown’s proposed budget for California released today. Brown’s proposal is available online at www.ebudget.ca.gov. Ting’s statement follows.
“It is exciting to see a budget plan molded by aspirations for the future instead of imperatives driven by financial crisis. A five-year infrastructure investment plan and over $50 billion invested in school funding reforms for high need students will expand opportunity and equality for Californians. When paired with a substantial investment in sustainable communities and transportation, California is forging a new path for our planet. My concern is the budget plan is silent on tax reform. Proposition 30 revenues are phasing out completely in four years at which time the governor has projected a minor deficit. While that may be resolved through continued economic growth, we must reform our tax code to ensure that the state’s financial future is even more secure.”
CONTACT: Anthony Matthews, tel. (916) 319-2019, anthony.matthews@asm.ca.gov