California has a multibillion-dollar budget deficit. Here's what …
WEBMay 10, 2024 · California Gov. Gavin Newsom signs budget to close $46.8B budget deficit WHY DOES THE DEFICIT MATTER? California’s constitution requires lawmakers and the governor to balance the budget — meaning the …
Gov. Gavin Newsom signs California budget to close major deficit …
WEBJun 29, 2024 · California Gov. Gavin Newsom on Saturday officially signed the 2024 budget, closing a roughly $47 billion deficit for the state. Newsom’s signature was expected as he and Democratic lawmakers...
California Gov. Gavin Newsom signs budget to close $46.8B budget deficit
WEBJun 29, 2024 · Gov. Gavin Newsom has signed California’s budget to close an estimated $46.8 billion deficit through $16 billion in spending cuts and temporarily raising taxes on some businesses.
Inside California’s New Budget of Nearly $300 Billion
WEBJul 1, 2024 · Over the weekend, Gov. Gavin Newsom approved a budget for California that will close a state deficit estimated at $46.8 billion. The $297.9 billion budget, for the fiscal year that begins today ...
What you need to know about the California budget deal
WEBJun 24, 2024 · California will make widespread cuts to state government operations, prisons, housing programs and health care workforce development in order to maintain its social safety net as it moves to close...
California Legislature approves budget that slashes spending to …
WEBJun 27, 2024 · SACRAMENTO, Calif. (AP) — California lawmakers approved a budget on Wednesday that slashes spending and temporarily raises taxes on some businesses to close an estimated $46.8 billion budget deficit.
California lawmakers pass budget with tax hikes, cuts amid $46.8B deficit
WEBCalifornia lawmakers approved a budget on Wednesday that slashes spending and temporarily raises taxes on some businesses to close an estimated $46.8 billion budget deficit.
Newsom, Democrats use cuts, reserves and ‘budget emergency’ …
WEBJun 22, 2024 · Gov. Gavin Newsom and Democratic lawmakers struck a deal Saturday to make $16 billion in cuts, declare a statewide fiscal emergency and pull money from the state’s rainy-day reserves to balance...
Gov. Gavin Newsom proposes painful cuts to close California's …
WEBMay 10, 2024 · California has a budget deficit of $27.6 billion, Gov. Gavin Newsom announced Friday — a gap so wide that he’s proposing eliminating 10,000 vacant state jobs and cutting spending across 260 state programs.
California budget deficit: Final deal decided in private- CalMatters
WEBJun 13, 2024 · After legislative leaders failed to reach an agreement with Gov. Gavin Newsom about how to close California’s projected multibillion-dollar deficit, the Legislature passed a placeholder state budget today, just ahead of a mandatory deadline.
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