Tag: 2024-2025 California budget deficit
Gov. Newsom’s Office Insists Budget is ‘Balanced’ – No Deficit
Did you know that Governor Gavin Newsom’s budget is balanced? That the governor’s budget does not have a $55 million to $80 million deficit? Neither did I until Gov. Newsom’s Deputy Director for Rapid Response Brandon Richards (He/Him) contacted the...
Governor Newsom Signs 2024-2025 State Budget
Governor Gavin Newsom signed the 2024-2025 state budget legislation Saturday, officially putting the new $297.9 billion budget into effect on Monday. The California State Legislature approved the 2024-2025 budget plan on Wednesday night, giving the green light on California spending...
Only $8.5 Billion Cut From California’s Proposed 2024-2025 Budget
Governor Gavin Newsom released his preliminary 2024-2025 state budget on Wednesday, with the total budget amount going down from $330 billion to $291.5 billion. However, in addition to not completely covering the LAO expected deficit of $68 billion, with Governor...
Governor Newsom to Announce 2024-2025 Budget Proposal Wednesday
Governor Gavin Newsom’s 2024-2025 State Budget proposal is due to be announced no later than Wednesday this week, with many analysts unsure at just how Newsom is planning to tackled the $68 billion deficit facing the state this upcoming fiscal...