California governor: $98B surplus backs true pro-life state
2 years, 7 months ago

California governor: $98B surplus backs true pro-life state

Associated Press  

SACRAMENTO, Calif. — California Gov. Gavin Newsom on Friday pledged to use the state’s record-breaking $300 billion budget, including an unprecedented nearly $100 billion surplus, to “future proof” the state from the impacts of a volatile midterm election cycle that he fears will undermine abortion access, gun safety and privacy protections across the country. Ron DeSantis, disputed Newsom’s assertion, arguing that in “an appropriately adjusted format” Florida has fared about as well as California with COVID “but still preserved the personal liberties of its citizens and didn’t destroy a litany of small businesses in the process.” California’s projected $97.5 billion budget surplus is unlike anything seen before at the state level and is fueled by soaring tax revenue. The unceasing flow of tax money prompted California Republicans — who don’t have enough numbers in the state Legislature to have much influence — to complain about high taxes reducing quality of life. “The Governor may not want to acknowledge it, but California is in crisis and his budget is unsustainable.” Newsom said the surging revenues are “a sign of how well a number of people are doing in this economy” and a reflection of the “concentration of wealth and success in the hands of a few.” Roughly half of California’s income tax collections come from the top 1% of earners, who have fared well during the pandemic.

History of this topic

After reducing deficit, Newsom proposals bring extra costs to California
1 week, 6 days ago
Newsom, lawmakers use cuts, reserves and ‘fiscal emergency’ declaration to solve budget deficit
6 months ago
Newsom and Democratic lawmakers detail first California budget cuts totaling $17 billion
8 months, 2 weeks ago
Newsom cuts $2.9 billion from California climate programs, delays an additional $1.9 billion
11 months, 1 week ago
Budget troubles won’t change California Gov. Gavin Newsom’s goals for 2nd term, he tells AP
1 year, 5 months ago
Newsom feels pressure to show results for California in second term
2 years, 1 month ago
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2 years, 4 months ago
California needs to do more than just throw money at climate change. It must act
2 years, 11 months ago
California plans to spend $37 billion fighting climate change
2 years, 11 months ago

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