Governor Newsom Reaches Agreement With Legislature On A $321.1 Billion Budget – California Globe

Governor Newsom Reaches Agreement With Legislature On A $321.1 Billion Budget – California Globe

Governor Gavin Newsom reached a $321.1 billion budget agreement with the state legislature late on Tuesday, with large cuts of Medi-Cal that will result in the freezing of new illegal immigrant applicants from being accepted being added in. While both the Governor and Legislature made significant cuts from other versions from earlier in the year, there is still a $12 billion budget deficit following the agreement. Many planned deep cuts were und…

EDGE June Budget Update Impact on Los Angeles - California EDGE Coalition

On June 13, the California Legislature approved the State Budget Act of 2025 (SB 101), allocating a total of $321.1 billion, including $228.4 billion from the General Fund and $15.7 billion set aside in reserves. This budget addresses a $12 billion shortfall through a combination of $3.5 billion in reductions, $7.8 billion in borrowing and revenue measures, and $1 billion in fund shifts and deferrals.While the Budget Act addresses the shortfall …

California reaches $321 billion budget deal boosting Hollywood

By Eliyahu Kamisher and Andrew Oxford, Bloomberg 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. Related Articles California city looks to mandating more staffing at grocery, drug store self-checkouts East Bay retail mall lands buyer in $80 million-plus property dea…

Newsom agrees to ease budget cuts

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…