California Gov. Gavin Newsom says the state will have a $22.5 billion budget deficit
Instead, Newsom plans to delay some spending while shifting some expenses to other funding sources outside of the state's general fund. He has proposed $9.6 billion in cuts, including canceling a planned $750 million payment on a federal loan the state took to cover unemployment benefits for people who lost their job during the pandemic.
But Newsom appeared somewhat pessimistic about the future as he scaled back some of his ambitious climate proposals, cutting his much heralded five-year, $54 billion investment to $48 billion. “We have to sustain our commitment to climate action every year. This proposed budget doesn’t do that,” said Mary Creasman, CEO of California Environmental Voters."To further delay these investments will further compound the climate crisis and the cost of inaction will be far worse.”
Despite the looming deficit, Newsom wants to give local governments an extra $1 billion for homelessness programs — money he vowed would come with an extra dose of accountability afterPublic schools were mostly shielded from cuts in Newsom's proposal, with one exception. Newsom cut $1.
“It’s exactly in economic downturns where this kind of help to afford coverage is even more urgent” said Anthony Wright, president of the consumer advocacy group Health Access. “We will be advocating with the Legislature to see if that can be continued." “This is a top priority if you're a parent,” Newsom said. “I don’t think there's a parent that doesn't understand the significance of this fentanyl crisis.”
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