enviromental program cuts budget

Governor Newsom’s Budget Deficit Has Climbed To $31.5 Billion

May 12, 2023 1:05 pmMay 12, 2023 1:08 pm

Governor Gavin Newsom announced Friday that the state’s budget deficit has ballooned by $9 billion, going from the initial January estimate of $22.5 billon to $31.5 billion, leading to more major cuts being implemented next fiscal year. https://twitter.com/CAgovernor/status/1657067510108405761 In total,...

Gov. Newsom Unveils $297 Billion Budget Proposal With $22.5 Billion Deficit

January 10, 2023 3:41 pmJanuary 10, 2023 6:42 pm

California Governor Gavin Newsom presented a $297 billion 2023-2024 budget plan on Tuesday, with a projected deficit of $22.5 billion. In the last several years, California has seen large budget surpluses, with $38 billion reported in 2021-2022, and $97.5 billion...