Gov. Newsom’s budget plan shrinks deficit to $37.9 billion, solves without major cuts, tax hikes

John Woolfolk, Paul Rogers

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Gov. Gavin Newsom said Wednesday the state’s budget deficit — projected just last month at a staggering $68 billion — has been revised to $37.9 billion, and will be solved without drastic cuts to core programs.

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John Woolfolk, Paul Rogers www.mercurynews.com Business,California News,California Politics,Economy,Latest Headlines,News,Politics,California Budget,California Governor,California Legislature,Editors’ Picks,Gavin Newsom,PM Report,Regional

SOURCE
2024-01-10 20:19:19 , Santa Cruz County – The Mercury News

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