California Budget Surplus Soars To $68B, Senate Leaders Say

Apr 29, 2022 · California's budget surplus has more than doubled since January to a staggering $68 billion, Senate Democrats said Thursday, prompting a flurry of new spending proposals …

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California Budget Surplus Soars To $68B, Senate Leaders Say

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Apr 29, 2022 · California's budget surplus has more than doubled since January to a staggering $68 billion, Senate Democrats said Thursday, prompting a flurry of new spending proposals …

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California's Budget Surplus Has Exploded To $68B

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Apr 29, 2022 · Atop the spending list is a proposal to send $8 billion in payments to taxpayers, a move that Senate President Pro Tem Toni Atkins (D-San Diego) and Senate Budget Chair …

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California Senate Leaders Say Budget Surplus Soars To $68B

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Apr 29, 2022 · California Senate Leaders Say Budget Surplus Soars to $68B By Adam Beam • Published April 29, 2022 • Updated on April 29, 2022 at 9:37 am

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New Report Projects Massive $68 Billion Deficit Under One-Party …

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Senate Minority Leader Brian W. Jones (R-San Diego) added, “Governor Newsom and Democrat lawmakers turned a $100 billion surplus into a $68 billion deficit in just 2 years. Even more …

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California Senate Leaders Say Budget Surplus Soars To $68 Billion

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Apr 28, 2022 · The announcement is fueling a range of new spending proposals. California Senate leaders say budget surplus soars to $68 billion. The announcement is fueling a range …

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State Senate Leaders Announce California's Budget Surplus Sitting …

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Apr 29, 2022 · Senate Democrats said Thursday California's budget surplus soared to a record $68 billion this past year, fueling new spending proposals like giving $8 billion back to …

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California Senate Leaders Say Budget Surplus Hit A Record $68 …

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Apr 28, 2022 · SACRAMENTO — California’s budget surplus has soared to a record $68 billion, Senate Democrats said Thursday, fueling a range of new spending proposals that include giving $8 billion back to ...

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California Senate Leaders Say Budget Surplus Hit A Record $68 …

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Apr 28, 2022 · SACRAMENTO — California’s budget surplus has soared to a record $68 billion, Senate Democrats said Thursday, fueling a range of new spending proposals that include …

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California Senate Leaders Say Budget Surplus Soars To $68B

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Apr 28, 2022 · SACRAMENTO, Calif. (AP) — Democrats in the California Senate say the state’s budget surplus has soared to a record $68 billion. They announced Thursday how they would …

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California Budget Surplus Hits $68B, Lawmakers Say

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Apr 28, 2022 · California’s budget surplus has soared to a record $68 billion, Senate Democrats said Thursday, fueling a range of new spending proposals that include giving $8 billion back to …

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California’s Budget Surplus Has Exploded To $68B - POLITICO

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Apr 28, 2022 · Californians could receive billions in tax rebates later this year as the state’s budget surplus continues to explode. State Senate leaders on Thursday released an extensive …

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California Senate Leaders Say Budget Surplus Soars To $68B

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Democrats who control a majority of seats in the state Senate revealed how they would spend that money with the “Better for Families Rebate."

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California Senate Leaders Say Budget Surplus Soars To $68B

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Apr 28, 2022 · California’s budget surplus has more than doubled since January to a staggering $68 billion, Senate Democrats said Thursday, prompting a flurry of new spending proposals …

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California Senate Leaders Say Budget Surplus Soars To $68B

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Apr 28, 2022 · By Adam BeamThe Associated PressSACRAMENTO (AP) – California’s budget surplus has soared to a record $68 billion, Senate Democrats said Thursday, fueling a range …

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California Has A $68B Budget Hole To Deal With, Legislative Analyst …

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Dec 8, 2023 · California's revenues and budget have grown significantly over the last couple of decades.The LAO noted state leaders have several tools to address the problem, including the …

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$200 Checks? CA Leaders Plan How To Spend Record Budget Surplus

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Apr 28, 2022 · Democrats in the California Senate say the state's budget surplus has soared to a record $68 billion. Their package includes a plan to give $8 billion back to taxpayers in the …

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California Senate Leaders Say Budget Surplus Soars To $68B

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Apr 29, 2022 · SACRAMENTO, Calif. — California’s budget surplus has more than doubled since January to a staggering $68 billion, Senate Democrats said Thursday, prompting a flurry of …

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California Senate Leaders Say Budget Surplus Soars To $68B

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May 3, 2022 · California’s budget surplus has more than doubled since January to a staggering $68 billion, Senate Democrats said Thursday, prompting a flurry of new spending proposals …

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FAQs about California Budget Surplus Soars To $68B, Senate Leaders Say Coupon?

How much of California's budget surplus will go into reserve funds?

CORRECTION: An earlier version of this report misstated how much of the budget surplus California State Senate leaders want to put into the state’s reserve funds. It is about $8 billion. ...

How much will the State Senate spend on the windfall?

State Senate leaders on Thursday released an extensive wish list for spending the windfall — now estimated to be as high as $68 billion. That staggering figure is the high end of a projection from the nonpartisan Legislative Analyst’s Office, which in January put the number far lower, at $29 billion. ...

How much money is in California's general fund?

The $68 billion surplus in California’s general fund would be more than double the $29 billion figure Newsom announced in January. In addition, California is projected to have a $37 billion surplus that must be spent on education — an increase from the $16.1 billion Newsom announced in January. ...

What is the Senate spending plan?

The Senate spending plan also proposes billions of dollars in aid for small businesses. It includes $10 billion in rebates over 10 years to businesses with 250 employees or less. This would essentially act as a tax cut for small business owners who are having to pay off a debt in the state's unemployment trust fund. ...

What does a projected budget shortfall mean for state leaders?

The projected budget shortfall means state leaders will have another difficult year of negotiating the state's spending plan. Last year, the Legislature and governor haggled over how to close a $31.5 billion hole. State officials have pointed to a variety of reasons for the revenue decline. ...

Who are the California problem solvers?

Cunningham was flanked by other members of the California Problem Solvers caucus, from left, Assembly members Tom Lackey, R-Palmdale, Chad Mayes, I-Yucca Valley, Adam Gray, D-Merced, Cunningham, Suzette Martinez Valladares, R-Santa Clarita and Marie Waldron, R-Escondido, right. (AP Photo/Rich Pedroncelli) ...