Governor Newsom continues delivering a new bold ... - California …
3 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 …
3 days ago · California Gov. Gavin Newsom listens to a reporter’s question as he outlines his proposed 2025-2 $322 billion state budget during a news conference at California State University, Stanislaus in Turlock, Calif., Monday, Jan. 6, 2025.
TOMORROW: State finance director to hold media ... - California …
13 hours ago · SACRAMENTO — California Director of Finance Joe Stepenshaw will hold a media briefing to provide details of Governor Gavin Newsom’s 2025-26 state budget proposal, which will be transmitted to the Legislature on Friday. ... News What you need to know: The National Guard deployment will bring total on-the-ground personnel to 8,000 working ...
Gov. Gavin Newsom proposes $322B budget for California with …
3 days ago · California's economy is the fifth largest in the world. Last year the state faced an estimated $46.8 billion budget deficit and in the year before, a $32 billion budget shortfall.
California governor Newsom proposes 'balanced' budget without …
3 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.
In major turnaround, California will have a surplus, Newsom says
3 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., on Jan. 6, 2025.
California's 2025 Budget Cuts: Major Changes Ahead for State …
Dec 27, 2024 · California faces significant budget challenges in 2025, with an 8% reduction in state agency funding and $12 billion being drawn from reserves to address a $56 billion shortfall. Key impacts include cuts to education, housing programs and government workforce reductions.
California governor proposes $322B budget with no deficit
3 days ago · TURLOCK, Calif. – 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 ...
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 projects slight budget surplus for 2025, with focus on …
3 days ago · As part of his $322.2 billion spending plan for the 2025–26 budget year, Newsom is prioritizing existing programs and future savings.
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