2024 budget: How Gov. Newsom wants to spend (and cut) - Los …

Jan 11, 2024  · The governor’s proposal allots $291.5 billion in spending, including: More than $15.3 billion to address the homelessness crisis. $8.7 billion for mental health efforts, with …


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2024 Budget: How Gov. Newsom Wants To Spend (and Cut) - Los …

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Jan 11, 2024  · The governor’s proposal allots $291.5 billion in spending, including: More than $15.3 billion to address the homelessness crisis. $8.7 billion for mental health efforts, with …

latimes.com

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Newsom Proposes Cuts To Balance $38B State Budget Deficit

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Jan 11, 2024  · Newsom proposes housing, climate cuts to balance $38B budget deficit. California Gov. Gavin Newsom released details Wednesday of a new $291 billion state spending plan for …

sfstandard.com

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California Budget: Gov. Newsom Unveils $291 Billion Spending …

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Jan 10, 2024  · Gov. Newsom unveils California budget ... Newsom proposed to cut spending by $23.5 million for a pilot program to deploy zero-emission trucks and by $7.3 million for a …

cbsnews.com

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Gov. Newsom Signs California Budget. Here's What To Know

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Jun 29, 2024  · Gov. Gavin Newsom on Saturday signed California’s budget to close an estimated $46.8 billion deficit through $16 billion in spending cuts and temporarily raising taxes on some …

nbclosangeles.com

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Newsom's Plan For California's Projected $37.9-billion Deficit - Los ...

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Jan. 10, 2024 Updated 5:19 PM PT. Gov. Gavin Newsom asked California lawmakers on Wednesday to dip into the state’s rainy-day reserves, and signaled his desire to potentially …

latimes.com

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California Governor Gavin Newsom Announces Budget Plan To Fix …

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Jan 10, 2024  · California Gov. Gavin Newsom announced $291 billion state spending plan Wednesday with an estimated $37.9 billion deficit, a far lower shortfall than legislative advisers …

fox5sandiego.com

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California Governor Wants Reserves And Cuts To Fix Nearly $38B …

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Jan 10, 2024  · California Gov. Gavin Newsom announced $291 billion state spending plan Wednesday with an estimated $37.9 billion deficit. That’s a significantly smaller budget hole …

kpbs.org

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California Gov. Gavin Newsom’s Proposed Budget – NBC Los …

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Jan 10, 2024  · Newsom wants to spend $126.8 billion on public schools — about $2.4 billion less than last year. But the cut could have been far worse. A voter-approved law guarantees the …

nbclosangeles.com

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Big Cuts, But No New Taxes In Newsom’s Plan To Address …

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May 12, 2024  · Gavin Newsom proposes a mix of spending cuts and using reserves to balance the state budget. ... In addition to closing the remaining $27.6 billion shortfall for 2024-25, …

timesofsandiego.com

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Newsom Proposes Tapping Reserves, Cutting Some Spending To …

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Jan 10, 2024  · Newsom wants to spend $126.8 billion on public schools — about $2.4 billion less than last year. But the cut could have been far worse. A voter-approved law guarantees the …

cbsnews.com

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Winners And Losers In California Budget Deal - CalMatters

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Jun 24, 2024  · Public universities: The University of California and California State University will each receive about $100 million to $160 million in additional state base funding in 2024-25, …

calmatters.org

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Analysis Of Governor Newsom’s 2024-2025 January Budget Proposal

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January 11, 2024 . On January 10, Governor Newsom released his January proposal for the 2024-25 California state budget. The Governor’s $291 billion state spending plan estimates a …

wclp.org

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California Gov. Newsom Reveals Plan To Close Nearly $38B Deficit

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Jan 11, 2024  · California Gov. Gavin Newsom is announcing a $291 billion state spending plan with an estimated $37.9 billion deficit. That’s a significantly lower budget hole than the …

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Gov. Newsom Signs ‘more Fiscally Responsible’ California Budget

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Governor Gavin Newsom signed California’s 2024 budget on Saturday, which cut spending in an effort to close the state’s $47 billion deficit. About $16 billion in spending cuts were made in the ...

msn.com

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Newsom Cuts $2.9 Billion From California Climate Programs - Los …

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Jan 11, 2024  · Newsom cuts $2.9 billion from California climate programs, delays an additional $1.9 billion. California Gov. Gavin Newsom discusses his proposed state budget for the 2024 …

latimes.com

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California Budget Deficit: Newsom Proposes Spending Cuts

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May 10, 2024  · The governor’s budget proposal relies on dipping into state reserve accounts, including $12.2 billion from the rainy-day fund and $900 million from a safety net reserve, …

calmatters.org

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Elon Musk Wants To Cut Government Waste. Here's What He's …

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3 days ago  · The aim of the commission is to cut government spending. The US spent $6.75 trillion in fiscal year 2024, with Social Security and health topping the list. President-elect …

businessinsider.com

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Musk Asks Voters To Brace For 'hardship' From Spending Cuts In ...

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Oct 30, 2024  · We need to live honestly,” Musk said. Speaking at Trump’s Madison Square Garden rally Sunday, Musk said he wants to cut $2 trillion from the federal budget, though he …

nbcnews.com

FAQs about 2024 budget: How Gov. Newsom wants to spend (and cut) - Los … Coupon?

Why did Gavin Newsom sign California's 2024 budget?

G overnor Gavin Newsom signed California’s 2024 budget on Saturday, which cut spending in an effort to close the state’s $47 billion deficit. About $16 billion in spending cuts were made in the 2024 plan with a goal of making the upcoming budget “more fiscally responsible,” according to the agreement’s fact sheet. ...

Will California's budget be more fiscally responsible in 2024?

Governor Gavin Newsom signed California’s 2024 budget on Saturday, which cut spending in an effort to close the state’s $47 billion deficit. About $16 billion in spending cuts were made in the 2024 plan with a goal of making the upcoming budget “more fiscally responsible,” according to the agreement’s fact sheet. ...

Will a budget cut close California's deficit?

California Gov. Gavin Newsom has proposed a series of painful budget cuts to close the state's growing deficit. Newsom said Friday the state's deficit is $27.6 billion. ...

How much budget cuts were made in 2024?

About $16 billion in spending cuts were made in the 2024 plan with a goal of making the upcoming budget “more fiscally responsible,” according to the agreement’s fact sheet. “This is a responsible budget that prepares for the future while investing in foundational programs that benefit millions of Californians every day,” Newsom said. ...

How much money does Newsom need to close the state deficit?

Newsom’s plan to close the deficit relies on $17.3 billion in savings from budget cuts he and lawmakers agreed to in April and using $4.2 billion from the state’s rainy day fund and budget reserves for the upcoming fiscal year. ...

How much would a state budget cut save in 2024-25?

The governor proposed an overall reduction of nearly 8% to state operations, which he estimated would save $2.2 billion in 2024-25 and more in the years ahead, though exactly how government agencies would absorb those cuts is still to be determined. ...

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