Governor Newsom continues delivering a new bold ... - California …

Jan 6, 2025 · The plan is one of 13 regional plans that will make up the upcoming California Jobs First Economic Blueprint. Governor Newsom also previewed his 2025-26 state budget proposal by outlining the state’s continued plans to support robust economic growth, high-paying jobs and …

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Ebudget

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6 days ago · Welcome to California's. 2025-26. Governor's Budget. Released on January 10, 2025. The 2025-26 Governor’s Budget proposes spending of $322.2 billion in total state funds, …

ca.gov

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What's In Gavin Newsom's $323 Billion California Budget Plan?

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5 days ago · No deficits. A “modest” surplus of $363 million. Almost $17 billion more in revenue than planned. Gov. Gavin Newsom’s office laid out its vision today for how California should …

calmatters.org

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After 2 Years Of Shortfalls, California Governor Proposes $322B …

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Jan 6, 2025 · TURLOCK, Calif. (AP) — California Gov. Gavin Newsom has proposed a $322 billion budget without a deficit, a welcome change after two years of significant budget …

apnews.com

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After 2 Years Of Shortfalls, California Governor Proposes $322B …

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Jan 6, 2025 · Rich Pedroncelli. California Gov. Gavin Newsom outlines his proposed 2025-2026 $322 billion state budget during a news conference at California State University, Stanislaus in …

usnews.com

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Understanding The Governor’s 2025-26 State Budget Proposal

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Governor Gavin Newsom released his proposed 2025-26 California state budget on January 10, projecting a small positive balance of $363 million after two years of state budget deficits. The …

calbudgetcenter.org

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After 2 Years Of Shortfalls, California Governor Proposes $322B …

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Jan 6, 2025 · California Gov. Gavin Newsom delivers a briefing of his proposed 2025-26 state budget at California State University, Stanislaus, in Turlock, Calif., Monday, Jan. 6, 2025, (AP …

local10.com

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California Governor Newsom Proposes 'balanced' Budget Without …

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Jan 6, 2025 · California Gov. Gavin Newsom (D) on Monday proposed a $322 billion budget that he said would be “balanced” and without deficits — marking a significant turnaround after two …

thehill.com

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California Governor Proposes $322B Budget With No Deficit

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Jan 6, 2025 · California Gov. Gavin Newsom delivers a briefing of his proposed 2025-26 state budget at California State University, Stanislaus, in Turlock, Calif., Monday, Jan. 6, 2025, (AP …

ksat.com

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Gavin Newsom Announces End Of California Budget Deficit

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Jan 6, 2025 · California no longer faces a budget deficit, Gov. Gavin Newsom said Monday, two months after budget officials projected a $2 billion deficit that had left little room for additional …

sacbee.com

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Newsom Projects Slight Budget Surplus For 2025, With Focus On …

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Jan 7, 2025 · As part of his $322.2 billion spending plan for the 2025–26 budget year, Newsom is prioritizing existing programs and future savings. Newsom projects slight budget surplus for …

laist.com

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Analysis Of Governor Newsom’s 2025-2026 January Budget Proposal

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6 days ago · On January 10, Governor Newsom released his proposal for the 2025-26 California state budget. The Governor’s $322 billion state spending plan estimates a surplus of $363 …

wclp.org

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California Governor Newsom Unveils $322 Billion Budget Proposal …

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Gov. Gavin Newsom’s $322B California budget proposal highlights revenue increase and plans to address new state expenses.

stateaffairs.com

FAQs about Governor Newsom continues delivering a new bold ... - California … Coupon?

Will California have a $322 billion budget without a deficit?

(AP Photo/Rich Pedroncelli, file) TURLOCK, Calif. (AP) — California Gov. Gavin Newsom has proposed a $322 billion budget without a deficit, a welcome change after two years of significant budget shortfalls in the nation’s most populous state. ...

Will California's budget deficit be $2 billion in 2026-27?

A nonpartisan government agency had a different prediction on California’s budget deficit Newsom’s deficit picture clashes with what was predicted in November by the California Legislative Analyst’s Office, which predicted a $2 billion shortfall next year, followed by about $20 billion in 2026-27 and roughly $30 billion by 2028-29. ...

Did Governor fail to provide a plan to address future budget deficits?

Republican state Sen. Roger Niello, who sits on the budget committee, said the governor failed to provide a plan to help address future budget deficits. In November, the nonpartisan Legislative Analyst’s Office warned the state could face double-digit shortfalls in the next few years. ...

How much money will California spend on taxes this year?

The governor’s office also estimates tax revenues for this year are $16.5 billion above projections, thanks to the booming stock market and rapid income growth for high-income Californians. That has helped the state weather the sluggish economy with limited job growth and ongoing weak consumer spending. ...

Will California face double-digit shortfalls in the next 5 years?

In November, the nonpartisan Legislative Analyst’s Office warned the state will face double-digit shortfalls in the next five years. That could curtail California’s ability to shield its programs from Trump’s attacks. Nguyễn is an Associated Press reporter covering California government and politics. ...