Proposed California budget has no deficit

Newsom floats $322 billion budget that would pull California out of deficit
Gov. Gavin Newsom’s proposal included a $228.9 billion general fund that would rely on $17 billion in reserves
Gov. Gavin Newsom proposes $322B budget for California with no deficit
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.
Despite revenue increase, Newsom plans to pull from California's rainy day reserves
California Gov. Gavin Newsom previewed his $322.2 billion budget proposal for 2025-2026 during a visit Monday to California State University, Stanislaus.
After 2 years of shortfalls, California governor proposes $322B budget with no deficit
But the budget Newsom announced Monday is mostly a placeholder as California waits to see if incoming President Donald Trump will follow through on threats to revoke billions in federal dollars, which could force lawmakers to make painful cuts to essential programs.
In major turnaround, California will have a budget surplus, Newsom says
California will not have a budget deficit next year, Gov. Gavin Newsom announced on Monday based on projections from his finance team. The budget picture Newsom describes is a major turnaround from the $47 billion deficit last year and the $32 billion shortfall the year before.
Proposed California budget has no deficit, but could be affected by federal government
The budget Newsom announced Monday is mostly a placeholder as California waits to see if incoming President Donald Trump will follow through on threats to revoke billions in federal dollars, which could force lawmakers to make painful cuts to essential programs.

California begins laying high-speed rail tracks

California Gov. Gavin Newsom declares State of Emergency as destructive Palisades Fire rages
Governor Gavin Newsom has declared a State of Emergency for the Pacific Palisades after a massive wildfire erupted on Tuesday ...
Pacific Palisades inferno forces thousands to flee California homes; Gov. Newsom declares state of emergency
A brush fire that broke out in Southern California Tuesday afternoon is putting 200 acres with structures under "immediate ...
Newsom Prepares To Battle Trump 2.0 With $25M Infusion
On the same day that outgoing Vice President Kamala Harris affirmed that Donald Trump had defeated her fair and square and ...
California governor says Pacific Palisades wildfire has destroyed many structures as winds kick up
A wildfire whipped up by extreme winds swept through a Los Angeles hillside dotted with celebrity residences Tuesday, burning ...
California parents plead with Gov Newsom to keep daughter's 'maniac' killer behind bars
The parents of a 13-year-old girl who was run over by a suicidal driver in Malibu in 2010 are appealing to California Gov.
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Brush fires erupt as powerful windstorm batters Southern California
Fires ignited across Southern California amid a windstorm. A fire in Pacific Palisades has quickly spread, forcing ...
California’s green energy push has helped shove electric bills skyward: new state report
California’s green energy push has helped shove electric bills skyward and could even impede the state’s quest for a clean ...
Newsom aims to limit unhealthy food in California, getting ahead of Trump administration and RFK Jr.
California Gov. Gavin Newsom ordered state agencies to recommend ways to reduce health harms and limit the purchase of candy, ...
California governor says wildfire has destroyed many structures as winds kick up | photos
Homes have burned and tens of thousands of people are under evacuation orders, some of whom abandoned cars and fled on foot due to clogged roads.
Newsom promises efficient and accountable state budget, delivers bloated and ineffective spending plan
Focusing on the numbers, not the rhetoric, it is clear that Governor Newsom’s proposal does not promote a lean and efficient ...