May Budget Revise – California Globe

CA Budget: Legislative Analyst says ‘State is Ill-Prepared if Revenues Drop’

May 18, 2026 5:01 pmMay 18, 2026 5:01 pm

Last week California Governor Gavin Newsom released his May budget revise, and blamed the President’s policies–especially tariffs– for contributing to a worsened budget outlook. And then he claimed his final May budget revise is “miraculously balanced.” The California Legislative Analyst’s...

Governor Gavin Newsom Gaslights his Way Through the May Budget Revision

May 14, 2026 2:27 pmMay 15, 2026 1:33 pm

“Governor Newsom’s revised budget proposal is a fiscally disciplined, balanced plan that cuts the long-term deficit by more than half and tightens Sacramento’s belt — while supporting our most vulnerable Californians amid Donald Trump’s cruel assault on the state,” says...

No Funding for Prop. 36 in Gov. Newsom’s May Budget Revise

May 14, 2025 12:51 pmMay 14, 2025 12:57 pm

California Governor Gavin Newsom made very clear Wednesday his budget priorities by not funding voter-passed Proposition 36, and continuing to allow illegal immigrants receive taxpayer funded Medi-Cal. Our interview Tuesday with Senator Tony Strickland addressed his efforts and request that...

Globe Interview: Senator Tony Strickland on Funding Prop. 36 in May Revise

May 13, 2025 4:34 pmMay 13, 2025 4:42 pm

What is required legally when a proposition/ballot initiative is passed by voters requiring funding for implementation? What can be done legally if Governor Gavin Newsom refuses to fund Proposition 36, the anti-crime initiative passed last November by nearly 70% in...

California’s Last-Minute Budget Maneuver: Retroactive Corporate Taxes on Foreign Dividends

June 14, 2024 2:45 amJune 14, 2024 7:28 am

Imagine if, after carefully planning your household budget based on existing tax rules, you received a letter from the state demanding back taxes for the last five years. That’s exactly what the newest version of the Assembly’s budget proposes for businesses...

Will the California Budget Include Temporary Tax Increases?

June 6, 2024 6:44 amJune 6, 2024 6:44 am

While the Governor and Legislature adopted similar proposals just four years ago at the outset of the pandemic, there are proposed significant, temporary tax increases on California’s business community in the budget proposals currently under consideration. The net operating loss...

Frequently Asked Questions about California’s Budget Process

December 22, 2023 2:30 amDecember 22, 2023 2:31 am

What are the main parts of the California state budget? They are the Budget Bill, Budget Bill Junior, Trailer Bills, and Supplemental Reports. What is the Budget Bill? This bill contains the appropriations and “Budget Bill Language”. Note that only...