California Gov. Jerry Brown and Democratic leaders reached agreement Thursday to finalize California's budget. 

The plan protects education, permanently reforms welfare and includes tough ongoing cuts, Brown said in a statement announcing the framework of the agreement. 

"This agreement strongly positions the state to withstand the economic challenges and uncertainties ahead," Brown said in the statement. "We have restructured and downsized our prison system, moved government closer to the people, made billions in difficult cuts and now the Legislature is poised to make even more difficult cuts and permanently reform welfare." 

A vote of the Legislature will take place next week. 

Although Democrats passed the main budget bill on a majority vote last week, the governor pressed for deeper cuts to welfare and other social services amid a projected $15.7 billion shortfall. Brown has until Wednesday to sign or veto the main bill.