Posted inLocal News

Big cuts, no new taxes: Gov. Newsom unveils his plan to mend California’s budget deficit

FACED WITH ONGOING weaknesses in state finances, Gov. Gavin Newsom has put forward a revised budget plan that he said aims to stabilize California in the longer term by addressing a “sizable deficit” estimated at $56 billion over the next two fiscal years. Looking beyond the typical annual budget cycle, Newsom proposed more than $30 billion in ongoing and […]

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