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Newsom cuts $2.9 billion from California climate programs, delays an additional $1.9 billion ... California Gov. Gavin Newsom discusses his proposed state budget for the 2024-25 fiscal year during ...
Newsom is referring to the shortfall as $27.6 billion in 2024-25, but California is making cuts and reductions to solve a total budget deficit of $44.9 billion this year. Read more: Newsom called ...
California Gov. Gavin Newsom and leaders of the state Senate and Assembly announced an agreement Thursday to cut $17 billion from the state budget in April, providing the first details of their ...
California Gov. Gavin Newsom and legislative leaders on Thursday announced a deal to cut $17 billion from the state’s large budget deficit. California is facing an estimated spending gap of up ...
Under state law, California allocates about the same share of the budget each year for education. Newsom’s proposal includes $126.8 billion for K-12 programs, compared with $129.2 billion last year.
As for the LAO, the group identified several one-time or temporary spending cuts that could be made to address the budget shortfall from fiscal year 2023-24 through 2025-26.
California Gov. Gavin Newsom on Friday unveiled his revised $288 billion budget proposal with a $28 billion deficit that will require tough budget cuts — including eliminating 10,000 now-vacant ...
The cuts to state operations would build on a December budget letter Newsom’s Department of Finance sent to all state departments and agencies that enacted a current year budget freeze in ...