California has a multibillion-dollar budget deficit. Here’s what you need to know
7 months, 1 week ago

California has a multibillion-dollar budget deficit. Here’s what you need to know

Associated Press  

SACRAMENTO, Calif. — 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. Gavin Newsom on Friday announced his plan to address the deficit in the state’s budget. California’s constitution requires lawmakers and the governor to balance the budget — meaning the state can’t spend more money than it has. Cutting roughly $2 billion from six education programs, including $550 million from an initiative to upgrade preschool and kindergarten facilities and $510 million in scholarships for middle class college students pursuing a teaching credential.

History of this topic

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7 months, 2 weeks ago
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8 months ago
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9 months ago
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11 months ago
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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
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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
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11 months, 1 week ago
How Newsom plans to fix California’s projected $37.9-billion budget deficit
11 months, 2 weeks ago
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1 year ago
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1 year, 5 months ago
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2 years, 1 month ago
Report: California likely to have $25 billion budget deficit
2 years, 1 month ago
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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
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2 years, 6 months ago
California surplus expected to hit unprecedented $97 billion under Newsom’s budget plan
2 years, 7 months ago
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2 years, 7 months ago
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Newsom, lawmakers reach agreement on spending tax windfall in $262.6-billion state budget
3 years, 5 months ago
Column: Newsom is admonished for his big-spending budget by Sacramento’s legislative analyst
3 years, 7 months ago

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