Tag: 2020-21 California budget
Governor Newsom Approves, Signs $202.1 Billion Budget
On Monday, Governor Gavin Newsom signed the $202.1 billion state budget, confirming state spending for the 2020-2021 fiscal year. A new budget dependent on federal funding The signing of the 2020 Budget Act culminated a six month process that initially...
Assembly Approves 2020-2021 State Budget of $202.1 billion
On Friday, the California State Assembly approved the $202.1 billion 2020-2021 state budget 57-16, one day after being approved by the Senate. Final approval in Sacramento The budget, which had to bridge a $54.3 billion deficit gap, will include many...
Separating Good Bailouts from Bad Bailouts
If a Republican controlled U.S. Senate and a Republican occupying the White House cannot use this opportunity to demand reforms from financially mismanaged states controlled by Democrats, then they never will. The pandemic shutdown is about to enter its...