Newsom's budget estimates a lower deficit than legislative analysts and avoids deep cuts by taking $13 billion from state reserves. Put another way, last year’s budget planned for a deficit in 2024‑25.
June 13, 2024, 7:42 p.m. Gavin newsom and democratic leaders of the state senate and assembly announced.
Gavin Newsom Released Last Week Contains Hundreds Of Spending Reductions And Other Actions To Close What He Says Is A.
That anticipated deficit of $14 billion is the starting place for the upcoming budget process.
Newsom's Budget Estimates A Lower Deficit Than Legislative Analysts And Avoids Deep Cuts By Taking $13 Billion From State Reserves.
A budget problem—also called a deficit—arises when resources for the upcoming budget are insufficient to cover the costs of currently authorized services.
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June 13, 2024, 7:42 P.m.
Newsom proposes a mix of spending cuts, program delays and using reserves to close the california budget deficit.
Today — And Legislators, Advocates And Lobbyists Are All Bracing For.
Gavin newsom released last week contains hundreds of spending reductions and other actions to close what he says is a.
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