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budget, Newsom and California
Newsom floats $322 billion budget that would pull California out of deficit
Gov. Gavin Newsom (D-CA) proposed a $322 billion budget for California on Monday in an attempt to burnish his legacy as his time leading the state draws to a close. If his budget is approved, it would be the first time in two years California is not expected to have a deficit in its state
Proposed California budget has no deficit, but could be affected by federal government
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 federal dollars, which could force lawmakers to make painful cuts to essential programs.
Gov. Gavin Newsom announced a $322.2 billion budget with no deficit. Here’s what’s in it
California no longer faces a budget deficit, Gov. Gavin Newsom said Monday, two months after budget officials projected a $2 billion deficit that had left little room for additional government spending.
1d
on MSN
Despite revenue increase, Newsom plans to pull from California’s rainy day reserves
California Gov. Gavin Newsom previewed his $322.2 billion budget proposal for 2025-2026 during a visit Monday to California ...
5d
on MSN
Should California save more for a rainy day? OC legislator wants voters to decide
The proposal aims to increase the amount of money California is required by law to transfer to its rainy day fund.
5d
Many of California’s biggest cities face major fiscal challenges going into 2025
Many of California’s biggest cities are facing major financial challenges heading into 2025, suggesting any reductions or ...
LAist
1d
Gas prices and water fights: California environment 2024 year in review
California continued efforts toward environmental leadership, from voter-approved bonds to Gov. Gavin Newsom’s efforts to ...
1d
on MSN
New legislation proposes to cut federal funding to California High Speed Rail
CALIFORNIA, USA — Governor Gavin Newsom promised a balanced budget with no deficit and included in that plan is continuing work on the controversial California High Speed Rail project. It's been in ...
5d
California Politics
The proposal aims to increase the amount of money California is required by law to transfer to its rainy day fund.
Marketplace
14h
The $78 billion trade deficit may look big. But compared to what?
The trade gap signals strong demand for imports, which can be a good sign for the economy. Also, it's been fairly stable ...
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