California Legislature Rejects Many Newsom Cuts, Raise Business Tax to Pass Balanced Budget ...Middle East

Times of San Diego - News
California Legislature Rejects Many Newsom Cuts, Raise Business Tax to Pass Balanced Budget
Flags over the California Capitol in Sacramento. Courtesy of Sen. Toni Atkins’ office The California Legislature on Thursday rejected many of Gov. Gavin Newsom’s most difficult budget cuts, choosing instead to speed-up a temporary tax increase on some businesses to help pay off an estimated $45 billion deficit while preserving spending on many social safety net programs. Thursday’s vote was not really a public rebuke of Newsom, a Democrat who for the most part has had a good relationship with a Legislature dominated by members of his own party. Lawmakers had to pass a balanced budget before Saturday in order to keep getting paid while negotiations on a final spending plan continue.

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