Gavin Newsom forecasts a rosier California budget
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Newsom offered lawmakers an easier road than their own analyst's projection of an $18 billion deficit. How will they balance the two visions?
The Newsom administration released the proposal Friday for the upcoming 2026-27 budget year, which acts as a starting point for negotiations with the Legislature about the programs and policies they want to prioritize.
SACRAMENTO, Calif. - California Gov. Gavin Newsom is set to release his proposed budget today amid significant financial challenges. The state is currently grappling with an $18 billion budget deficit for the upcoming fiscal year, which could nearly double to $35 billion the following year.
The University of California and California State University would get hundreds of millions of dollars in new funding under Gov. Gavin Newsom’s budget proposal. Officials called the extra funding a critical step as they contend with federal cuts.
Gov.'s spokesperson says she is "confident" the Legislature will fund universal childcare at levels the public expects after her announcement last year.