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$18 Billion Deficit Greets Newsom’s Final Year in Office; How Will He Address It?
The $18 billion shortfall stems from rising spending, federal funding cuts, and economic uncertainty, with the deficit possibly reaching $35 billion without long-term solutions, analysts warn.
Summary by Times of San Diego
6 Articles
6 Articles
+2 Reposted by 2 other sources
$18 billion deficit greets Newsom’s final year in office; how will he address it?
Will California Gov. Gavin Newsom raise taxes or cut spending to fix an $18 billion budget shortfall? Either could spell trouble for his legacy.
·San Diego County, United States
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How will Newsom address deficit in his final year as CA governor?
It’s the fourth consecutive year in Newsom’s tenure that the state is projecting a deficit even as revenue grows. This content Newsom’s final year in office begins with an $18 billion deficit. How will he address it? appeared first on inewsource.
Coverage Details
Total News Sources6
Leaning Left1Leaning Right0Center2Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 33%
C 67%
Factuality
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