California approves zero-deficit 2026-27 budget with expanded healthcare, schooling, and housing
Governor Newsom and legislative leaders announce a balanced 2026-27 California budget with no deficit for this year or next, preserving reserves and funding expanded healthcare access, free school meals, universal pre-K, more childcare slots, and significant investments in education, housing, and climate resilience, while prioritizing fiscal discipline and measures to speed up elections and curb large corporate tax breaks.