Capitol Alert: AM Alert: What's in the California budget's fine print?

VIDEO: Dan Walters says in today's report that the dozen or so "heavyweight" ballot measures coming up in November will provide "a bonanza for campaign consultants."

Now that Gov. Jerry Brown's deadline for signing the budget has come and gone, what got whacked at the last minute?

As Kevin Yamamura, Torey Van Oot and Jim Sanders report in today's Bee, the $91.5 billion spending plan that the Legislature passed not only relies on voters passing Brown's ballot tax measure but contains some optimistic assumptions. Come back to Capitol Alert later today as we continue to comb through the fine print.

Meanwhile, today's the much-anticipated day that the U.S. Supreme Court is expected to release its ruling on President Barack Obama's health care law. The SCOTUS Blog says the high court will start issuing its decisions at 10 a.m. EDT -- that's 7 a.m. Pacific Time -- with the health care ruling "probably" about 15 minutes after. The SCOTUS Blog's Lyle Denniston -- who has reported on the Supreme Court for 51 years -- summarizes the four issues before the court in this post. He's also written a primer on how to read the opinion.

You can also read up on how Californians may be affected in this story by The Bee's David Siders.

Back in Sacramento, both houses have scheduled floor sessions for 9 a.m. Click here for the Senate's daily file, and click here for the Assembly's.

Meanwhile, the California Air Resources Board is holding a public hearing on a proposal to let California and the Canadian province of Quebec link their cap-and-trade programs on greenhouse gas emissions. That meeting starts at 9 a.m. at the Cal-EPA building, 1001 I St., Sacramento. Click here to read the agenda.

CAKE AND CANDLES: Assemblyman Marty Block, D-San Diego, celebrates his 62nd birthday today.

Editor's Note: This post has been updated to reflect that the press conference scheduled by Assemblywoman Nancy Skinner has been cancelled. Updated 10:10 a.m. June 28, 2012.