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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.
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.
Within Gov. Newsom’s plan to cover the ballooning California budget deficit, he picks some winners and losers.
The governor unveils his plan to cover a California budget deficit now projected at $31.5 billion, up from $22.5 billion in January. He says his plan protects investments in climate, economic development, education, health care and housing.
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.