When California has a “budget surplus” (in actuality it never does), the Legislature spends it on new programs. When it has a budget deficit ...

21 нояб. 2022 г. · California's projected $97.5 billion budget surplus didn't materialize so now the state faces a deficit that will require major adjustments.

16 мая 2024 г. · A major miscalculation in revenue forecasting allowed Gavin Newsom to boast of a California budget surplus that never actually materialized.

18 мая 2021 г. · California Gov. Gavin Newsom announced the state had an estimated $76 billion budget surplus when he introduced his May budget revision last week.

23 июн. 2024 г. · Democratic Gov. Gavin Newsom and lawmakers announced a budget deal whose cuts could put him at odds with staunch allies and temper ambitious policy goals.

Newsom states he opposes new taxes, but $73 billion isn't chump change, and California's constitution requires a balanced budget to begin on July 1.

10 янв. 2023 г. · California Gov. Gavin Newsom says the state will have a $22.5 billion budget deficit. Newsom announced the deficit on Tuesday.

2 июн. 2021 г. · The nonpartisan Legislative Analyst Office estimated the state's surplus is only $38 billion, noting it used a different definition than the ...

14 мая 2023 г. · So how did the budget go from a nearly $100 billion surplus to a $31.5 billion deficit in a year? Newsom said it's mainly because of lower tax ...

10 мая 2021 г. · The governor's budget will show a $75.7 billion general fund surplus across two fiscal years — the current one plus the year that starts July 1.