Governor Newsom continues delivering a new bold ... - California …
4 days ago · What you need to know: Governor Newsom continued his statewide California Jobs First tour today to outline a first-of-its-kind, bottom-up economic vision for California’s future, receiving the regional plan from local leaders in the North San Joaquin Valley. The Governor also previewed toplines of this year’s state budget — a balanced spending plan that makes government more efficient ...
After 2 years of shortfalls, California governor proposes $322B budget …
4 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 the nation’s most populous state.. But the budget Newsom announced Monday is mostly a placeholder as California waits to see if incoming President Donald Trump will follow through on threats to revoke billions in ...
After 2 Years of Shortfalls, California Governor Proposes $322B Budget …
4 days ago · California Gov. Gavin Newsom outlines his proposed 2025-2026 $322 billion state budget during a news conference at California State University, Stanislaus in Turlock, Calif., Monday, Jan. 6,2025. ...
California governor Newsom proposes 'balanced' budget without …
4 days ago · California Gov. Gavin Newsom (D) on Monday proposed a $322 billion budget that he said would be “balanced” and without deficits — marking a significant turnaround after two years of shortfalls.
California has a multibillion-dollar budget deficit. Here's what you ...
May 11, 2024 · California has a multibillion-dollar budget deficit that could force Democratic leaders to end a number of safety net programs and permanently cut 10,000 vacant state jobs.
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-day reserves to balance a...
Gov. Gavin Newsom proposes painful cuts to close California's …
May 11, 2024 · California has a budget deficit of $27.6 billion, Gov. Gavin Newsom announced Friday — a gap so wide that he’s proposing eliminating 10,000 vacant state jobs and cutting spending across 260 state programs. (AP Photo/Rich Pedroncelli)
California budget: What’s in the deal? - CalMatters
Jun 22, 2024 · Gov. Newsom and legislative leaders announce an agreement to bridge the state budget deficit by dipping into reserves and reducing some spending. The deal also calls for a bill in August to set aside more money and a 2026 constitutional amendment to grow the …
Governor Newsom unveils revised state budget ... - California …
May 10, 2024 · Governor Newsom’s revised balanced state budget cuts one-time spending by $19.1 billion and ongoing spending by $13.7 billion through 2025-26.
Newsom’s state budget plan comes with a Trump-sized asterisk
3 days ago · California Gov. Gavin Newsom outlines his proposed 2025-26 $322 billion state budget during a news conference at Cal State Stanislaus in Turlock on Monday.
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