As Revenues Plummet From Coronavirus, Gov. Newsom Proposes $6.1 Billion In Budget CutsIn a budget reflecting the financial hit the state is already seeing from the coronavirus pandemic, California Gov. Gavin Newsom on Thursday proposed cutting $6.1 billion from a variety of programs in a budget he says prioritizes public education, public health and public safety.
State Workers Union Leader: Gov. Newsom To Propose 10% Pay CutThe leader of a union representing California state workers says the governor will propose a 10% pay cut to help cover a projected $54.3 billion budget deficit.
California Doom: Staggering $54 Billion Budget Deficit Looms From CoronavirusCalifornia will have a budget shortfall of $54.3 billion because of the economic devastation wrought by the coronavirus, Gov. Gavin Newsom's administration announced Thursday, a stunning reversal for a state that had a $21 billion surplus a year ago.
Legislative Analyst Criticizes California's Homeless PlanCalifornia Gov. Gavin Newsom's budget proposal likely won't have a meaningful impact on the nation's largest homeless population, according to a new analysis from the state's nonpartisan Legislative Analyst's Office.
Gov. Gavin Newsom To Unveil Budget Plan; Expanded Benefits On The PlateGov. Gavin Newsom will announce his state spending plan on Friday, flush with a multi-billion surplus.
California Governor To Announce Budget Expanding BenefitsCalifornia Gov. Gavin Newsom will announce his state spending plan on Friday, flush with a multi-billion surplus that state lawmakers expect he will use to give full health benefits to more low-income adults living in the country illegally.
California Gov. Gavin Newsom's Budget Aims To Hire More Full-Time FirefightersGov. Gavin Newsom wants to hire more state firefighters and make homes safer from devastating wildfires in the budget he will send to state lawmakers on Friday.
Auditor: California Budget System Overhaul Will Cost $1BThe cost of California’s vast overhaul of its budget and financial accounting system has ballooned to over $1 billion while next year’s deadline for completing the project is unrealistic, a state auditor’s report said Tuesday.
California's Feud With Trump Could Impact State's Budget SurplusCalifornia is bracing for a much smaller budget surplus next year because of its ongoing feud with the Trump administration about a tax involving Medicaid, the state's chief budget writer said Monday.
California Agency Predicts $7 Billion State Budget SurplusCalifornia is expected to have a $7 billion budget surplus next year, but lawmakers were urged Wednesday not to spend all of it because a sizable chunk depends on an upcoming decision by the Trump administration as it feuds with state Democratic leaders.
California Legislature Approves $214.8 Billion BudgetCalifornia lawmakers on Thursday approved a $214.8 billion state budget that would spend more on health care and education, bolster the state's top firefighting agency following devastating wildfire seasons, and boost state reserves.
California Governor, Lawmakers Wrangle Over Budget DetailsCalifornia lawmakers and Gov. Gavin Newsom broadly agree on a proposed $213 billion state budget that would spend more on immigrants and the poor by expanding tax credits, health care and child care.
Gov. Newsom Proposes $213B Spending Plan For CaliforniaGov. Gavin Newsom proposed a $213 billion state budget Thursday that boosts spending on K-12 education, wildfires and homelessness.
California Pot Taxes Lag As Illegal Market FlourishesDeep in Gov. Gavin Newsom's new budget is a figure that says a lot about California's shaky legal marijuana market: The state is expecting a lot less cash coming in from cannabis taxes.
Jerry Brown Takes Victory Lap As He Signs California BudgetNearing the end of his final term as governor, Brown has celebrated the state's financial strength and thriving economy.