California has a multibillion-dollar budget deficit. Here's ...

May 11, 2024  · Now, Newsom says the remaining deficit is $27.6 billion (AP Photo/Rich Pedroncelli) California Gov. Gavin Newsom unveils his revised 2024-25 state budget during a …


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California Has A Multibillion-dollar Budget Deficit. Here's ...

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May 11, 2024  · Now, Newsom says the remaining deficit is $27.6 billion (AP Photo/Rich Pedroncelli) California Gov. Gavin Newsom unveils his revised 2024-25 state budget during a …

apnews.com

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Newsom Announces $27.6 Billion Budget Deficit - MSN

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California still faces a $27.6 billion budget deficit even after the state already cut $17 billion last month, Gov. Gavin Newsom announced Friday during a news conference on his revised state ...

msn.com

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Newsom Announces Budget Cuts To Tackle California's ... - WSBT

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May 11, 2024  · According to Newsom, the state's deficit sits at $27.6 billion as of right now. He said he is making state budget cuts on where money is being spent to get the state's spending …

wsbt.com

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California’s Massive $27.6 Billion Deficit Pushes Gavin Newsom To ...

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May 10, 2024  · California has a budget deficit of $27.6 billion, Gov. Gavin Newsom announced Friday — a gap so wide that he’s proposing cutting 10,000 vacant state jobs and suspending …

fortune.com

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Newsom Would Slash 10,000 Vacant State Jobs To Help Close $27.6 …

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Updated: May 10, 2024 / 11:23 AM PDT. SACRAMENTO, Calif. (AP) — California has a budget deficit of $27.6 billion, Gov. Gavin Newsom announced Friday. The Democratic governor …

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California Governor's Budget Revision Seeks To Close $27.6 ...

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May 10, 2024  · California has a budget deficit of $27.6 billion, Gov. Gavin Newsom announced Friday — a gap so wide that he’s proposing eliminating 10,000 vacant state jobs and cutting …

fox40.com

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Gavin Newsom $288 Billion California Budget Aims To Erase Deficit ...

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Updated May 16, 2024 6:07 AM. California Gov. Gavin Newsom on Friday unveiled his revised $288 billion budget proposal with a $28 billion deficit that will require tough budget cuts — …

sacbee.com

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

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

nbclosangeles.com

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California’s Budget Deficit Has Grown. Here’s Gov. Newsom's …

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May 14, 2024  · Gov. Gavin Newsom released his revised $288-billion budget proposal last week, which included a bleak update on the state’s deficit: It has grown from earlier projections. Back …

latimes.com

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How Newsom Plans To Offset California's $45-billion Deficit

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May 10, 2024 Updated 5:19 PM PT. Faced with a $44.9-billion budget deficit, Gov. Gavin Newsom described a plan to shrink the size of state government and slow his progressive …

latimes.com

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Newsom Budget Relies On Reserves To Avoid Deep Cuts - CalMatters

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Jan 10, 2024  · All told, Newsom is proposing a total state budget of $291.5 billion — about $19 billion less than what he and lawmakers approved last June for 2023-24. But January plans …

calmatters.org

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Newsom Seeks To Close $37.9 Billion Deficit By Cutting Spending …

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Jan 10, 2024  · Gov. Gavin Newsom announced on Wednesday that California had a $37.9 billion budget deficit and asked state lawmakers to cover the shortfall by trimming spending and …

nytimes.com

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How CA's Bursting Budget Became A $45 Billion Deficit

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May 16, 2024  · Learn more here. The much-revised 2024-25 state budget that Gov. Gavin Newsom released last week contains hundreds of spending reductions and other actions to close what he says is a $44.9 billion deficit. Exactly two years earlier, Newsom boasted as the state enjoyed a $97.5 billion budget surplus, thanks to surging revenues from the post ...

calmatters.org

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Gavin Newsom, California Leaders Reach Budget Agreement

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Stephen Hobbs. Updated June 22, 2024 3:43 PM. California Democratic lawmakers and Gov. Gavin Newsom on Saturday announced a budget deal to close a roughly $47 billion shortfall …

sacbee.com

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California Gov. Gavin Newsom Signs Budget To Close $46.8B …

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Jun 29, 2024  · SACRAMENTO, Calif. (AP) — Gov. Gavin Newsom on Saturday signed California’s budget to close an estimated $46.8 billion deficit through $16 billion in spending …

apnews.com

FAQs about California has a multibillion-dollar budget deficit. Here's ... Coupon?

How did Gavin Newsom tackle the big deficit?

How he tackled the big deficit California Gov. Gavin Newsom on Friday unveiled his revised $288 billion budget proposal with a $28 billion deficit that will require tough budget cuts — including eliminating 10,000 now-vacant state jobs — and a potentially bruising battle to enact them. ...

How did Gavin Newsom & California close a $45 billion deficit?

This story was originally published June 22, 2024, 11:00 AM. Gavin Newsom & California leaders agreed to a budget deal to close a $45 billion deficit while addressing Democrats’ spending priorities. ...

Is Newsom using a 'gimmick' to Lower California's budget deficit?

Newsom is referring to the shortfall as $27.6 billion in 2024-25, but California is making cuts and reductions to solve a total budget deficit of $44.9 billion this year. Newsom called it a ‘gimmick.’ Now he’s using the trick to lower California’s massive deficit ...

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. ...

Did Gavin Newsom unveil his revised 2024-25 state budget?

California Gov. Gavin Newsom unveils his revised 2024-25 state budget during a news conference in Sacramento, Calif., Friday, May 10, 2024. (AP Photo/Rich Pedroncelli) California Gov. Gavin Newsom unveils his revised 2024-25 state budget during a news conference in Sacramento, Calif., Friday, May 10, 2024. ...

Is California's budget deficit a gimmick?

Revenues have fallen short of expectations since January, deepening the budget problem by $7 billion. Newsom is referring to the shortfall as $27.6 billion in 2024-25, but California is making cuts and reductions to solve a total budget deficit of $44.9 billion this year. Newsom called it a ‘gimmick.’ ...

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