California budget deficit: Newsom’s solution- CalMatters
Written by Black Hot Fire Network on May 12, 2023
In summary
Gov. Gavin Newsom says his plan to cover a budget shortfall that has grown by $9 billion protects investments in education, health care and housing. But it also relies on more borrowing and doesn’t include asks for child care and public transit.
California’s estimated budget deficit has grown by $9 billion since January, Gov. Gavin Newsom announced today, though the governor downplayed the severity of its potential impact on critical government services and programs.
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