California is flush with cash and it’s going to stay in the black for a while

The state legislative analyst projected another budget surplus next year to the tune of $31 billion.

For more on how this is happening and what it will mean, KCBS Radio political reporter and host of this segment Doug Sovern along with KCBS News Anchors Patti Reising and Jeff Bell spoke with Chris Hoene, Executive Director of the California Budget and Policy Center, a nonpartisan, independent budget analysis organization in Sacramento.