California lawmakers approve budget bill, but negotiations with Newsom ongoing.

1 min read
Source: KCRA Sacramento
California lawmakers approve budget bill, but negotiations with Newsom ongoing.
Photo: KCRA Sacramento
TL;DR Summary

California lawmakers passed their version of the budget, covering a $30.7 billion gap, with no cuts to core programs and increased spending for education, health, and flood protection. The plan does not involve any tax increases or withdrawals from the state's $37 billion rainy day fund. However, negotiations continue with Governor Gavin Newsom over issues such as funding for public transportation and his proposal to cut down on the paperwork and process for energy and transportation projects. With the new fiscal year starting July 1, lawmakers and the governor have two weeks to come to a compromise.

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