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News reports and commentators have cited the state's various legislative supermajority requirements as a contributing factor to the state budget crisis. [23] [24] The state has a long history of supermajority requirements with a 1933 state ballot measure mandating a two-thirds supermajority to pass the state budget and California Proposition 13 (1978) mandating another two-thirds supermajority ...
On April 24, 2008, Schwarzenegger predicted that California would face a budget deficit of more than $10 billion in the upcoming fiscal year. [ 81 ] On September 23, 2008, Schwarzenegger signed the state's budget, ending an 85-day deadlock over how to close the state's $15.2 billion deficit.
If these are not passed, more severe cuts are expected. California's unemployment rate also fell from a high above 12.4% to below 11% in 2012. [13] In 2017 a miscalculation of the costs for the state's Medi-Cal program of $1.9 billion in 2016 led Governor Jerry Brown to project the state of California will face a $1.6 billion budget deficit. [14]
An LAO analysis of the governor’s budget said the administration had actually filled a potential gap of $58 billion, meaning the two estimates were about $10 billion apart. Then, on Tuesday, the ...
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California has a huge budget problem that could force thorny decisions from Democratic leaders who enjoyed a more than $100 billion surplus just three years ago. Democratic Gov. Gavin Newsom on ...
The Governor did include $14.3 million in the 2006-07 budget for the California High-Speed Rail Authority, enough for it to begin some preliminary engineering and detailed study. [1] The proposition was delayed again from 2006 to 2008 to avoid competition with a large infrastructure bond , Proposition 1B, which passed in 2006.
Gavin Newsom, the 40th and current governor of California. The governor of California is the head of government of California, whose responsibilities include making annual State of the State addresses to the California State Legislature, submitting the budget, and ensuring that state laws are enforced. The governor is also the commander-in ...