‘We’re keeping our promises:’ Gov. Newsom unveils $297 billion budget, $22.5 billion deficit

California is ready to weather the looming recession — and a more than $20 billion budget shortfall — without shirking its commitments in the crucial areas of education, homelessness and fighting wildfires and the drought, Gov. Gavin Newsom attempted to reassure Californians on Tuesday as he unveiled his proposed $297 billion budget.

Newsom’s presentation was decidedly more somber than those of last year and the year before, when California enjoyed massive surpluses that allowed Newsom to send checks directly to residents, while also pouring one-time funds into everything from climate change to homelessness. This year, the governor wants to balance the budget largely by cutting funds for climate and transportation

Related News

How to Overcome Imposter Syndrome and Launch Your First Product with Confidence

Intel was on the brink of downfall. A twist in the AI race could boost its revival

Incident involving suspect with a knife closes Hwy. 101 in San Jose

Scott Pelley speaks: ‘CBS News is on fire’ and Bari Weiss should be removed

5 vehicles stolen from Alameda County parking garage in Oakland

Video footage shows large groups of people fighting in Oakland