Newsom bets on budget discipline to keep California deficit-free through 2028
TL;DR Summary
Gavin Newsom unveils a slimmer general fund budget aimed at keeping California deficit-free through 2028, pairing lower outlays with targeted tax changes to shore up long-term liabilities while balancing labor and business needs ahead of a potential 2028 presidential bid.
- Newsom tries to balance California’s books — and head off 2028 liabilities Politico
- Governor Newsom announces revised budget that eliminates California’s deficit, maintains investments for working families, healthcare, education, and businesses California State Portal | CA.gov
- Newsom celebrates as the AI boom bails out California SFGATE
- Gov. Newsom’s budget proposals: A digital software tax, new state savings account and more KCRA
- What Newsom’s proposed budget means for education in California Los Angeles Times
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