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California governor proposes $322B budget with no deficit
California Gov. Gavin Newsom has proposed a $322 billion budget without a deficit, a welcome change after two years of significant budget shortfalls in the nation's most populous state. But the budget Newsom announced Monday is mostly a placeholder as California waits to see if incoming President Donald Trump will follow
Newsom proposes ‘balanced’ budget with no deficits
California Gov. Gavin Newsom (D) on Monday proposed a $322 billion budget that he said would be “balanced” and without deficits — marking a significant turnaround after two years of shortfalls. Newsom delivered a “top-line” version of the 2025-2026 budget proposal at a Monday press conference,
Newsom drops preview of $322 billion budget
Governor Gavin Newsom opted to deliver a budget preview, instead of his initial plan of a joint budget presentation and state of the state address.
Gov. Gavin Newsom announced a $322.2 billion budget with no deficit. Here’s what’s in it
California no longer faces a budget deficit, Gov. Gavin Newsom said Monday, two months after budget officials projected a $2 billion deficit that had left little room for additional government spending.
After 2 years of shortfalls, Gov. Newsom proposes $322B budget with no deficit
Gov. Gavin Newsom has proposed a $322 billion budget without a deficit, a welcome change after two years of significant budget shortfalls in California.
1h
‘We get it’: Democrats aim to cut California’s cost of living in 2025
Democrats need to show we can deliver real results on affordability,” said Democratic California state Sen. Scott Wiener of ...
The Sacramento Observer
8h
Five things to watch as California’s Legislature returns to the Capitol in 2025
California Legislature returns to tackle affordability, resist Trump, and regulate tech giants. Find out what to expect in ...
3h
California Bar Asks to Up Defense Budget in Girardi Class Action
The California State Bar’s Board of Trustees will be asked Tuesday for an additional $100,000 to fund the bar’s legal defense ...
LAist
5h
Gas prices and water fights: California environment 2024 year in review
California continued efforts toward environmental leadership, from voter-approved bonds to Gov. Gavin Newsom’s efforts to ...
Marin Independent Journal
1h
Mill Valley School District faces ‘unexpected’ $7.3M budget deficit
The administration cited a pandemic-related funding losses and legal expenses as key factors in the shortfall.
10d
on MSN
2024 Year in Review: How California Paid for Everything
Revenues so far are higher than anticipated — thanks to big gains in the stock market, particularly in tech, and the income ...
4d
Many of California’s biggest cities face major fiscal challenges going into 2025
Many of California’s biggest cities are facing major financial challenges heading into 2025, suggesting any reductions or ...
7d
on MSN
California colleges in 2024: Protests, arrests, budget uncertainty
California’s colleges and universities were home to paroxysms of faculty and student fury over pay, free speech, the war in ...
Santa Rosa Press Democrat
6h
5 things to watch as California’s Legislature returns to the Capitol in 2025
With the election and the holidays behind them, the California Legislature returns to Sacramento Monday to kick off a new ...
2h
on MSN
Despite revenue increase, Newsom plans to pull from California’s rainy day reserves
California Gov. Gavin Newsom previewed his $322.2 billion budget proposal for 2025-2026 during a visit Monday to California ...
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