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California poised to fund high-speed rail and public pre-schools in new budget

By Sharon Bernstein SACRAMENTO Calif. (Reuters) – California will spend $250 million on a controversial high-speed rail project, fund preschool for low-income children and pay down debts under a budget deal that is likely to be approved this weekend, lawmakers said on Friday. The $156.4 billion proposal, approved by a…

California lawmaker scraps plan to replace carbon market with tax on fuels

By Rory Carroll SACRAMENTO (Reuters) – A top Democratic lawmaker in California on Monday backed off an unpopular plan to tax gasoline and diesel fuels and instead proposed a less controversial plan to spend up to $5 billion a year from the state’s fledgling carbon program on affordable housing and…

California Republicans strongly back Tea Party candidate at state GOP convention

By Sharon Bernstein BURLINGAME, California (Reuters) – California Republicans wrapped up their annual state convention on Sunday with a roar of approval for a charismatic Tea Party-backed candidate seeking to unseat popular Democratic Governor Jerry Brown as he vies for an unprecedented fourth term. Tim Donnelly, a Southern California state…

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