Stories you shouldn’t miss:
1. Jerry Brown’s tax proposal for the November ballot will bring in about $2 billion less a year than the governor projects, according to the nonpartisan Legislative Analyst’s Office, the LA Times reports. Brown says that his tax measure, if approved by voters, would generate about $6.9 billion annually, but the LAO says it likely will bring in only $4.8 billion each year. If the LAO is correct, then the governor’s plan could force even deeper cuts to state services than he has proposed — even if his ballot measure passes.
