California Governor Jerry Brown speaks at news conferences to release revisions to his proposed state budget and discuss the spending plan, in Los Angeles, Tuesday, May 13, 2014. According to the governor's office, the budget for the fiscal year that begins July 1st will include a so-called rainy day fund that would go on the November ballot. The governor last week reached an agreement on a plan for reserves with Democrats and Republicans in the Legislature.(Photo by Ringo Chiu/PHOTOFORMULA.com)
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