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Proposed California budget has no deficit

Gov. Gavin Newsom announced a $322.2 billion budget with no deficit. Here’s what’s in it

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 government spending.

Washington Examiner on MSN · 1d

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

Yahoo · 1d

Governor Newsom Proposes $322 Billion Budget with No Deficit

California Governor Gavin Newsom has proposed a $322 Billion state budget for the next fiscal year. Newsom says the budget, which comes after two years of massive state deficits, will be balanced and without a deficit.

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Newsom projects slight budget surplus for 2025, with focus on saving, accountability

As part of his $322.2 billion spending plan for the 2025–26 budget year, Newsom is prioritizing existing programs and future ...

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 ...

14hon MSN

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 ...

2don MSN

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 ...

Budget news inbound

FIRST IN PLAYBOOK: UNION UNSETTLED — The Media Guild of the West restarted lobbying against last year’s journalism and ...

LA Mayor Karen Bass cut fire department funding by $17.6M — months before wildfires turned city into hellscape

The Los Angeles Fire Department had its budget cut by a staggering $17.6 million this financial year, records show — as fire ...

2don MSN

Newsom previews $322B budget, says Trump policies could impact state finances

Gov. Gavin Newsom highlighted some of the 2025-26 state budget lines Monday afternoon while visiting the Northern San Joaquin ...

Gov. Newsom postpones State of the State address, will attend Jimmy Carter's memorial

Gov. Gavin Newsom's office confirmed on Friday night that he is scrapping his plan to combine his state budget presentation and state of the state address before Trump's inauguration.

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Proposed California budget has no deficit

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