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(Sacramento) - Assembly Speaker Anthony Rendon (D-Paramount), Budget Committee Chair Phil Ting (D-San Francisco) and the Chairs of the five budget subcommittee met with the media today to discuss the Assembly budget plan developed through dozens of hearings over the past five months.

A summary of the budget plan is attached.

The budget sub-committee chairs are: Budget Sub-Committee #1 on Health and Human Services Chair Tony Thurmond; Budget Sub-Committee #2 on Education Finance Chair Kevin McCarty; Budget Sub-Committee #3 on Natural Resources and Transportation Chair Richard Bloom; Budget Sub-Committee #4 on State Administration Chair Adrin Nazarian; and Budget Sub-Committee #5 on Public Safety Chair Nora Campos

Excerpt from the Assembly Budget Subcommittee Report:

The Governor presented the Legislature with his May Revision on May 13, 2016, updating his original budget proposal and setting the stage for the final actions for crafting the Assembly version of the budget.

Over the course of five months and over 70 hearings, the Assembly Budget Committee has worked with the Governor's budget proposals and crafted the Assembly version of the budget that will now to be finalized at the next stages of the budget process.

The result is a Responsible Budget for a Stronger Middle Class which has the following key elements:

-Preparing for future economic downturns to avoid budgeting mistakes of the past

-Fighting poverty and assisting seniors and the disabled

-Investing in our future – from early education to higher education

-Cleaning our air and water

-Expanding economic development

-Investing in safer communities

-Oversight

The Assembly version of the budget is based on the Department of Finance's retrained May Revision fiscal forecast, and makes building robust reserves the number one priority, while also making responsible, targeted new budget improvements to fight poverty, improve early education, expand access to higher education, and to benefit affordable housing.

Download entire budget report:

Links to audio from today's budget briefing:

Remarks from Speaker Rendon at today's budget briefing. (:35)

Remarks from Assembly Budget Committee Chair Phil Ting at today's budget briefing. (1:02)

Assembly Budget Chair Ting says this is a fiscally conservative budget. (:22)

Remarks from Budget Sub-Committee #1 on Health and Human Services Chair Tony Thurmond at today's budget briefing. (1:46)

Remarks from Budget Sub-Committee #2 on Education Finance Chair Kevin McCarty at today's budget briefing. (1:20)

Remarks from Budget Sub-Committee #3 on Natural Resources and Transportation Chair Richard Bloom at today's budget briefing. (5:18)

Remarks from Budget Sub-Committee #4 on State Administration Chair Adrin Nazarian at today's budget briefing. (2:24)

Remarks from Budget Sub-Committee #5 on Public Safety Chair Nora Campos at today's budget briefing. (2:16)