California Budget – California Globe

Chevron Will Shut Down Remaining 2 Refineries if CARB Amendments Pass

March 8, 2026 6:00 amMarch 8, 2026 6:01 am

Wednesday the Globe reported on Chevron’s letter to California Governor Gavin Newsom and the California Air Resources Board warning them of deep concerns and strong opposition to the CARB- proposed amendments to the Cap-and-Invest (formerly cap and trade) regulation, that...

California’s $125 Billion Death Spiral

March 8, 2026 5:00 amMarch 9, 2026 3:02 pm

Newsom is betting his last budget on AI stocks his own analysts call overheated. Four straight deficit years. A $35 billion structural gap incoming. And a pension system that makes all of it worse. We’ve seen this movie. It ended...

Governor Newsom Reaches Agreement With Legislature On A $321.1 Billion Budget

June 25, 2025 1:48 pmJune 25, 2025 1:48 pm

Governor Gavin Newsom reached a $321.1 billion budget agreement with the state legislature late on Tuesday, with large cuts of Medi-Cal that will result in the freezing of new illegal immigrant applicants from being accepted being added in. While both...

Gov. Newsom Announces Halt on Expansion of Illegal Immigrants in Medi-Cal

May 14, 2025 1:03 pmMay 14, 2025 1:03 pm

California Governor Gavin Newsom announced on Wednesday before his revised budget presentation that, because of soaring costs, he wants to halt the expansion of all illegal immigrants into Medi-Cal, California’s Medicare program, reversing a long-held position of his that he...

Gov. Newsom’s Climate Grift Spent $33 Billion in Cap-and-Trade to ‘Make Communities Cleaner and Healthier’

May 8, 2025 3:20 amMay 8, 2025 3:21 am

California Governor Gavin Newsom claims that greenhouse gas emissions are down in California – not just down but “down 20% since 2000.” “Pollution is down and the economy is up,” Newsom said. “Greenhouse gas emissions in California are down 20%...

Gov. Newsom Signs Bill Closing Remainder Of The $6.2 Billion Medi-Cal Budget Deficit

April 14, 2025 5:46 pmApril 14, 2025 5:46 pm

Governor Gavin Newsom signed new legislation on Monday that pays off a $2.8 billion budgetary shortfall for Medi-Cal, California’s Medicare program, allowing it to run through the end of the fiscal year at the end of June. While the supplemental...

Remember Newsom’s 2022 Backroom Deal to Cut Out Competition and Force All of California into Kaiser?

March 18, 2025 8:26 amMarch 19, 2025 1:21 pm

Remember when Governor Gavin Newsom inked the backroom deal with Kaiser for statewide Medi-Cal health? He never learns, does he? Last week we learned that the cost of Newsom’s policy of giving free medical coverage to every illegal immigrant in...