Market Turmoil Haunts Jerry Brown’s 2016 Agenda
California Governor Jerry Brown delivered his annual “State of the State” address to the legislature on Thursday, against the backdrop of a volatile stock market that could threaten the state budget surplus he achieved, and cause future fiscal uncertainty. Brown told legislators, “…you are not going to hear me talk today about new programs. Rather, I am going to focus on how we pay for the commitments we have already made.”