Election-year politics prompts deal on California rainy-day fund

Sunday, May 11, 2014 - 20:30 in Mathematics & Economics

Politicians have been yakking about the need for a "rainy-day fund" in Sacramento for years. Now they're close to creating one. And everyone is happy. They're all winners. Gov. Jerry Brown can run as a fiscal tightwad against token Republican opposition while promoting his rainy-day...

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