California lawmakers unveiled a balanced budget

On Tuesday, California unveiled its budget. Law makers have reduced billions from education but the budget will allow them to keep collecting their paychecks.

Voters had assigned a deadline to present balanced budget last November, therefore legislatures were under pressure to pass a balanced budget and send it to Governor Jerry Brown by June 15 otherwise they will lose their jobs.

There was a continuous battle between Republican’s and Brown’s lawmakers over extending several tax hikes. The governor, a Democrat, has wanted voters to decide whether to close part of the state's $26 billion deficit with the tax extension, but Republicans have refused to approve putting the measure on the ballot.

So finally tax extension has been eliminated by Democratic legislative leaders and they design a plan to rely on a mix of cuts and other revenue measures. However tax component remain out of the budget proposal therefore lawmakers just need the majority to approve it, rather than two-thirds.

Under the budget, schools will be given $3 billion less and repayment of $744 million is delayed that the state borrowed from school districts. Funds offered to state universities will also be reduced by $300 million, and courts will also get $150 million less. The budget also propose shifting some motor vehicle fees to the state general fund, while raising registration fees by $12 to support the state Department of Motor Vehicles.