"Newsom's $291 Billion Budget Plan to Tackle California's $38B Deficit"

California Governor Gavin Newsom proposes dipping into reserves and potentially delaying a minimum wage increase for healthcare workers to address the state's projected $37.9-billion deficit, which is more than double the previous estimate. His plan includes declaring a budget emergency, cutting spending, and reconsidering healthcare wage increases, while maintaining funding for policy promises. The deficit is attributed to weaker revenues, delayed tax deadlines, and overspending. The budget proposal also affects K-12 schools, universities, and programs serving vulnerable Californians, with funding delays and reductions.