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budget, Newsom and California

Hosted on MSN · 2d

Newsom floats $322 billion budget that would pull California out of deficit

Gov. Gavin Newsom (D-CA) proposed a $322 billion budget for California on Monday in an attempt to burnish his legacy as his time leading the state draws to a close. If his budget is approved, it would be the first time in two years California is not expected to have a deficit in its state

Proposed California budget has no deficit, but could be affected by federal government

The budget Newsom announced Monday is mostly a placeholder as California waits to see if incoming President Donald Trump will follow through on threats to revoke billions in federal dollars, which could force lawmakers to make painful cuts to essential programs.

Sacramento Bee on MSN · 3d

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.

Extreme Los Angeles rain deficit fuels raging wildfires

No rain: Extreme Los Angeles rain deficit fuels raging wildfires

Wildfires burning throughout southern California were made worse by the region seeing almost no rainfall since this past summer

U.S. News & World Report · 6h

How the Wildfires in Los Angeles Area Could Affect California's Home Insurance Market

The wildfires that destroyed homes in multiple sections of the Los Angeles area will test California’s efforts to stabilize the state’s insurance marketplace after many insurers stopped issuing reside

Landmarks lost and damaged by raging Los Angeles fires

As fires continue to burn through Southern California, some of the region's landmarks have been burned or destroyed by the blazes.

Santa Rosa Press Democrat1d

California’s $20 billion unemployment debt is looking like a political hot potato

The legislative analyst has a plan to fix the "structural insolvency" of the unemployment benefits fund — but businesses aren ...

3don 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 ...

7don MSN

Should California save more for a rainy day? OC legislator wants voters to decide

The proposal aims to increase the amount of money California is required by law to transfer to its rainy day fund.

7d

Many of California’s biggest cities face major fiscal challenges going into 2025

Many of California’s biggest cities are facing major financial challenges heading into 2025, suggesting any reductions or ...

6d

California Politics

The proposal aims to increase the amount of money California is required by law to transfer to its rainy day fund.

3don MSN

Gas prices and water fights: California environment 2024 year in review

California continued efforts toward environmental leadership, from voter-approved bonds to Gov. Gavin Newsom’s efforts to ...

The $78 billion trade deficit may look big. But compared to what?

The trade gap signals strong demand for imports, which can be a good sign for the economy. Also, it's been fairly stable ...

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