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California approves Brown tax hike to aid budget

  • Gov. Jerry Brown talks to reporters about his temporary tax hike initiative, Proposition 30 during an election night party in Sacramento, Calif., Tuesday, Nov. 6, 2012. Proposition 30 held a slim lead with half the precincts reporting.(AP Photo/Rich Pedroncelli)

LOS ANGELES — California Gov. Jerry Brown took a big step toward delivering on a campaign promise he made two years ago to fix the state's perpetual budget deficits and to raise taxes to do it only if voters agreed.

Brown said voters put their trust in his plan during Tuesday's election by approving Proposition 30, which raises the statewide sales tax and boosts income taxes on the wealthy.

The changes will provide $6 billion to balance the state budget.

Brown, a Democrat, said Wednesday that Proposition 30 will put California on a course to fiscal stability after five years of battering by the recession. He characterized his victory as "a vote of confidence with some reservations."

Now, he said, he must retain voters' trust by avoiding spending binges.


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