Capitol Alert
The latest on California politics and government
March 16, 2012

Two days after Gov. Jerry Brown announced a compromise ballot measure to raise taxes, California’s top budget analyst said today that the measure will generate $2.2 billion less next year than Brown has estimated.

The nonpartisan Legislative Analyst’s Office estimated in its review of the measure that the tax increase would generate $6.8 billion in fiscal 2012-13. Brown had estimated raising some $9 billion.

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