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Is we have no deficit due to years of budget cuts and due to the new tax revenues were realizing from voters approval of proposition 30 in november and essentially as he said, this is a breakthrough. Its not without risks. He was careful to caution. Its only january. This is only the start of the budget process. We all mull it over see how the numbers develop. He puts out his may revision then the Legislature Starts fight over it and hopefully we have a document enacted by the end of june. Were only at the very beginning. There are a lot of risks along the way. Theres a federal deficit that needs to be contended with that can have a lot of impact on the way the state gets and spends its money. The economic recovery is still sort of slow and struggling upward and any reversal on that could spell a change in our state revenues. The federal government or the courts could have a problem with some of the proposed budget cuts that we have made or want to make. Its happened a lot over the las

United statesNew yorkSan francisco bayDistrict of columbiaSan franciscoChuck hagelGabrielle giffordsMichael montgomeryNancy skinnerPaul rogersJack lewValerie coleman morrisJerry brownJosh richmanLegislature startsHealth care