"Newsom's budget proposes cuts and uncertainty for California's future spending."
California Governor Gavin Newsom's revised $307 billion state budget proposal for the upcoming fiscal year includes a quadrupling of boat registration fees and a $6 million cut to the grant program for building and improving boat launching ramps. However, Newsom also proposes increasing benefits for the aged, blind, and disabled, who have historically been hit hard by budget cuts. The governor is facing a $31.5 billion deficit and is trying to minimize pain with borrowing and spending delays, but he has rejected the idea of major tax increases.