california budget deficit news

Newsom, California and budget deficit

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.

Washington Examiner on MSN · 2d

Newsom floats $322 billion budget that would pull California out of deficit

Gov. Gavin Newsom’s proposal included a $228.9 billion general fund that would rely on $17 billion in reserves

Hosted on MSN · 3d

In major turnaround, California will have no budget deficit, Newsom says

TURLOCK — California will not have a budget deficit next year, Gov. Gavin Newsom announced on Monday based on projections from his finance team. The budget picture Newsom describes is a major turnaround from the $47 billion deficit last year and the $32 billion shortfall the year before.

2hon MSN

California has more money than expected. Here’s how Gavin Newsom wants to spend it

Gov. Gavin Newsom expects a small California budget surplus after facing a deficit one year ago. His office is releasing ...

3don MSN

After 2 years of shortfalls, California governor proposes $322B budget with no deficit

California Gov. Gavin Newsom has proposed a $322 billion budget without a deficit, a welcome change after two years of ...

Governor Newsom Proposes $322 Billion Budget with No Deficit

California Governor Gavin Newsom has proposed a $322 Billion state budget for the next fiscal year. Newsom says the budget, ...

15h

Trump, wind, water and fire

Everything's connected, we know. But not as intimately as Donald Trump has suggested in a series of social media posts since LA's wildfires broke out.

Santa Rosa Press Democrat1d

California’s $20 billion unemployment debt is looking like a political hot potato

The legislative analyst has a plan to fix the "structural insolvency" of the unemployment benefits fund — but businesses aren ...

3don 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 ...

4hon MSN

Gavin Newsom Cut $100M From Fire Prevention Budget Before California Fires

Just over $100 million was cut from California's wildfire and forest resilience fund in the latest budget, though total ...

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