Published 1 year ago

Newsom’s 2023 budget proposal includes climate cuts, to tackle fiscal shortfalls

Summary by Ground News

Gov. Gavin Newsom (D) on Tuesday unveiled a 2023 state budget proposal that includes significant cuts to climate investments — even as a relentless storm system battered California’s coast.

0 Articles

All

Left

Center

Right

Associated Press News

California governor expects budget deficit of $22.5 billion, a sharp reversal from last year's $98 billion surplus

California governor expects budget deficit of $22.5 billion, a sharp reversal from last year's $98 billion surplus.

1 year ago·United States

Read Full Article

Washington Times

California governor to announce belt-tightening budget

Days after the start of his second term, California Gov. Gavin Newsom on Tuesday will announce his plan to cover a multi-billion dollar budget deficit in what could signal the end of a decade's worth of economic growth in the nation's most populous state.

1 year ago·United States

Read Full Article

The Washington Post

California faces budget deficit of $22.5B, governor says

California faces a projected budget deficit of $22.5 billion for the coming fiscal year, Gov. Gavin Newsom announced Tuesday, just days into his second term. It’s a sharp turnaround from last year’s $98 billion surplus.

1 year ago

Read Full Article

CBS News

Newsom says state faces budget deficit of $22.5 billion

Just days into his second term, Gov. Gavin Newsom announced Tuesday that California faces a projected budget deficit of $22.5 billion for the coming fiscal year.

1 year ago

Read Full Article

The Hill

Newsom’s 2023 budget proposal includes climate cuts, to tackle fiscal shortfalls

Gov. Gavin Newsom (D) on Tuesday unveiled a 2023 state budget proposal that includes significant cuts to climate investments — even as a relentless storm system battered California’s coast. California is now facing an estimated budget gap of $22.5 billion for the 2023-2024 fiscal year, which the governor attributed to declines in both withholding and…

1 year ago·Washington, United States

Read Full Article