Politics & Government

January 11, 2013 5:47 AM

California Gov. Jerry Brown says budget deficit has disappeared

Gov. Jerry Brown declared Thursday that California's budget deficit has vanished thanks to new tax hikes and past spending cuts, marking the first time since the recession that state leaders haven't faced a deep fiscal chasm in January.

2016 Voters Guide

Click here for this year's guide to all of the candidates.

Related content

Comments

Videos

Nation & World Videos