1. California budget: Gov. Jerry Brown's plan includes deal on managed health care plan tax

    Gov. Jerry Brown unveiled the framework of a new tax on managed health care plans when he released a first draft of the next state budget Thursday morning at a Sacramento news conference.

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    1. This budget, relative to the budgets of the last decade of a half, is in good shape.
    2. The world is expensive, and drought and climate change are part of the future.
    3. We've had 10 recessions since World War II -- we know we'll get another recession, but nobody ever plans for it.
    4. This budget reflects historic investments in our children's education that will make a tremendous difference.
    5. Additionally, we must pay attention to those left behind by an economic recovery that has largely benefitted the wealthy.
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