Gov. Gavin Newsom on Friday released a $306.5 billion budget with a growing shortfall he will need to address while also maintaining social safety net programs and other policy priorities. In January, Newsom announced the state faced an estimated $22.5 billion budget gap after years of being flush with surpluses. That shortfall has ballooned to reach $31.5 billion during the past four months. “We are walking into a budget where we need to maintain our prudence,” Newsom said during a news briefing in Sacramento. The governor’s revised budget opens what is expected to be an intense month of negotiations with the Legislature. It’s the first time Newsom and many lawmakers have confronted a finan
Hence then, the article about gavin newsom s 307 billion california budget has a bigger shortfall here s what he ll cut was published today ( ) and is available onUkiah Daily Journal ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Gavin Newsom’s $307 billion California budget has a bigger shortfall. Here’s what he’ll cut )