California Reaches $321 Billion Budget Deal Boosting Hollywood

California Reaches $321 Billion Budget Deal Boosting Hollywood

California Governor Gavin Newsom and state lawmakers struck a budget agreement that provides $750 million in tax credits for Hollywood while scaling back free health care for undocumented immigrants.

Newsom and Democrats announce a $321 billion California budget deal - Miamistandard News

California lawmakers reached a tentative agreement on the state budget Tuesday night, contingent on Gov. Gavin Newsom’s demand that the Legislature pass a housing reform proposal. The last-minute negotiations over the spending plan, which goes into effect on July 1, highlight the political challenge of overhauling longstanding environmental regulations to speed up housing construction in a Democratic-controlled state. Despite pressure from the g…

Dems reach tentative budget deal with Newsom

California lawmakers are nearing a deal to approve the state’s $321.1 billion budget and closing a $12 billion shortfall.  The tentative agreement between Gov. Gavin Newsom and Democratic leaders in the Legislature will only go through if lawmakers support a bill to make it easier to build housing.  Flashback: California finds itself in financial straits for the third year as it tries to close the $12 billion deficit.  In his May budget revisio…

California Budget Deal: Health Care Programs Curbed - The Sacramento Observer

By Alexei Koseff |Calmatters Gov. Gavin Newsom backed off some of his proposed cuts to health care programs in a state budget deal he reached with legislative leaders late Tuesday, but California will move forward with his plan to limit services to undocumented immigrants as the state faces a growing deficit. The $321 billion spending plan is expected to go before the Legislature for approval later this week, ahead of the July 1 start of the fis…