After 2 years of shortfalls, California governor proposes $322B budget …
3 days ago · TURLOCK, Calif. (AP) — California Gov. Gavin Newsom has proposed a $322 billion budget without a deficit, a welcome change after two years of significant budget shortfalls in …
California has a multibillion-dollar budget deficit. Here’s what you ...
May 11, 2024 · Newsom announced on Friday a $26.7 billion deficit, but it’s really closer to $45 billion. That’s because Newsom didn’t include roughly $17.3 billion worth of actions he and …
California Gov. Gavin Newsom signs budget to close $46.8B budget deficit
Jun 29, 2024 · Gov. Gavin Newsom has signed California’s budget to close an estimated $46.8 billion deficit through $16 billion in spending cuts and temporarily raising taxes on some …
Gavin Newsom announces end of California budget deficit
3 days ago · California no longer faces a budget deficit, Gov. Gavin Newsom said Monday, ... Newsom teased his $322.2 billion budget proposal, which includes $228.9 billion in general …
Newsom, Democrats use cuts, reserves and ‘budget emergency’ …
Jun 22, 2024 · Gov. Gavin Newsom and Democratic lawmakers struck a deal Saturday to make $16 billion in cuts, declare a statewide fiscal emergency and pull money from the state’s rainy …
Newsom signs budget to close California's $46.8-billion budget deficit ...
Jun 29, 2024 · Gov. Gavin Newsom has signed California’s budget to close an estimated $46.8-billion deficit through $16 billion in spending cuts and temporarily raising taxes on some …
How Newsom plans to offset California's $45-billion deficit - Los ...
May 11, 2024 · Faced with a $44.9-billion budget deficit, Gov. Gavin Newsom described a plan to shrink the size of state government and slow his progressive policy agenda by eliminating …
Governor Newsom unveils revised state budget, prioritizing …
May 10, 2024 · By addressing the shortfall for this budget year — and next year — the Governor is eliminating the 2024-25 deficit and eliminating a projected deficit for the 2025-26 budget …
Newsom Seeks to Close $37.9 Billion Deficit by Cutting Spending …
Jan 10, 2024 · Gov. Gavin Newsom announced on Wednesday that California had a $37.9 billion budget deficit and asked state lawmakers to cover the shortfall by trimming spending and …
Governor Newsom continues delivering a new bold economic …
3 days ago · Governor Newsom also previewed his 2025-26 state budget proposal by outlining the state’s continued plans to support robust economic growth, high-paying jobs and career …