Boom and bust

Los Angeles Times - - CALIFORNIA -

Gov. Jerry Brown has warned that an­other re­ces­sion is “around the cor­ner,” and that cycli­cal eco­nomic down­turns in Cal­i­for­nia have led to state bud­get deficits and spend­ing cuts. Here are the deficits and sur­pluses gov­er­nors have faced since 2000 when they re­leased their an­nual bud­get plans.

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