What to know about Gov. Newsom’s plan to offset California’s $45-billion deficit
7 months, 2 weeks ago

What to know about Gov. Newsom’s plan to offset California’s $45-billion deficit

LA Times  

Faced with a $44.9-billion budget deficit, Gov. Newsom’s revised $288-billion budget proposal, announced Friday, projected California’s deficit to be $7 billion more than the shortfall his administration expected in January. We have to be accountable.” Newsom’s plan to close the deficit relies on $17.3 billion in savings from budget cuts he and lawmakers agreed to in April and using $4.2 billion from the state’s rainy day fund and budget reserves for the upcoming fiscal year. Newsom’s plan seeks to solve the budget deficit for the next two budget years, including additional cuts, reductions and delays to solve an estimated $28.4-billion deficit in 2025-26. Jodi Hicks, president and CEO of the Planned Parenthood Affiliates of California, said she was “deeply disappointed” by Friday’s budget plan, saying it will “jeopardize access to not just sexual and reproductive care but quality, affordable health care across the board for the nearly 15 million Californians who rely on Medi-Cal.” Will prisons lose funding?

History of this topic

After reducing deficit, Newsom proposals bring extra costs to California
1 week, 6 days ago
UC wants to enroll 3,600 more Californians next year, but funding shortfalls threaten plan
1 month, 1 week ago
California Gov. Gavin Newsom signs budget to close $46.8B budget deficit
5 months, 3 weeks ago
Gov. Newsom signs budget to close California’s $46.8-billion budget deficit
5 months, 3 weeks ago
California Legislature approves budget that slashes spending to address $46.8 billion deficit
5 months, 3 weeks ago
Newsom’s budget plan saves vital programs for immigrants, but kids and hungry seniors may suffer
5 months, 4 weeks ago
California Gov. Gavin Newsom to deliver State of the State address on Tuesday
6 months ago
Newsom, lawmakers use cuts, reserves and ‘fiscal emergency’ declaration to solve budget deficit
6 months ago
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6 months, 1 week ago
With deadline nearing, Newsom and lawmakers disagree over solutions to California budget crisis
6 months, 2 weeks ago
Teachers criticize Newsom’s budget proposal, say it would ‘wreak havoc on funding for our schools’
7 months ago
Teachers criticize Newsom’s budget proposal, saying it would ‘wreak havoc on funding for our schools’
7 months, 1 week ago
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7 months, 1 week ago
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7 months, 1 week ago
Gov. Gavin Newsom proposes painful cuts to close California’s growing budget deficit
7 months, 1 week ago
Column: California’s budget relies on the richest taxpayers, and we’re paying the price
8 months ago
California lawmakers vote to reduce deficit by $17 billion, but harder choices lie ahead
8 months, 1 week ago
Newsom called it a ‘gimmick.’ Now he’s using the trick to lower California’s massive deficit
8 months, 1 week ago
California Democrats agree on plan to reduce budget deficit by $17.3 billion
8 months, 2 weeks ago
Newsom and Democratic lawmakers detail first California budget cuts totaling $17 billion
8 months, 2 weeks ago
Newsom and Democrats announce a plan to reduce the enormous budget deficit. How? TBD
9 months ago
Voters say California’s budget deficit is an ‘extremely serious’ problem, poll finds
11 months ago
California Gov. Newsom proposes some housing and climate cuts to balance $38 billion budget deficit
11 months, 1 week ago
California Gov. Newsom proposes some housing and climate cuts to balance $38 billion budget deficit
11 months, 1 week ago
Newsom cuts $2.9 billion from California climate programs, delays an additional $1.9 billion
11 months, 1 week ago
Column: Newsom’s budget plan reflects his rosy view of the economy
11 months, 1 week ago
California governor wants reserves and cuts to fix nearly $38B deficit, mostly sparing schools
11 months, 1 week ago
How Newsom plans to fix California’s projected $37.9-billion budget deficit
11 months, 2 weeks ago
California faces record $68 billion budget deficit, nonpartisan legislative analyst says
1 year ago
As deficit estimate hits $68 billion, Newsom seeks ‘major changes’ to healthcare wage law
1 year ago
Budget troubles won’t change California Gov. Gavin Newsom’s goals for 2nd term, he tells AP
1 year, 5 months ago
Takeaways from the California budget deal between Newsom and Democratic lawmakers
1 year, 5 months ago
Opinion: Newsom should solve two problems at once: Close prisons and cut spending
1 year, 6 months ago
Newsom and Democratic lawmakers remain divided on infrastructure plan
1 year, 6 months ago
Governor says California’s budget deficit has grown to nearly $32 billion
1 year, 7 months ago
What you need to know about Newsom’s plan to offset California’s $31.5-billion deficit
1 year, 7 months ago
California budget: More for homelessness, less for climate
1 year, 11 months ago
After years of surpluses, California headed toward a deficit
1 year, 11 months ago
Newsom proposes cuts to climate change programs amid cloudy economic outlook
1 year, 11 months ago
California Likely To Have $25 Billion Budget Deficit, Report Says
2 years, 1 month ago
Report: California likely to have $25 billion budget deficit
2 years, 1 month ago
Newsom feels pressure to show results for California in second term
2 years, 1 month ago
California lawmakers OK budget; most taxpayers to get refund
2 years, 5 months ago
Newsom signs state budget bills, with gas refunds to 17.5 million California taxpayers
2 years, 5 months ago
California lawmakers approve preliminary budget; still no deal on gas rebates
2 years, 6 months ago
Abortion, inflation and crime: How Newsom would spend record-setting California surplus
2 years, 7 months ago
California surplus expected to hit unprecedented $97 billion under Newsom’s budget plan
2 years, 7 months ago
California governor backs plan to pay for some abortions
2 years, 7 months ago
California Senate leaders say budget surplus soars to $68B
2 years, 7 months ago

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