California Governor Gavin Newsom announced a budget agreement that allocates $750 million in tax credits for the film industry while reducing benefits for undocumented immigrants. The $321 billion budget for the upcoming fiscal year addresses a projected $12 billion deficit, requiring tough compromises between progressive social policies and business incentives. Notably, the plan revises health care for undocumented adults, imposing a $30 fee starting in 2027 and ending full dental coverage. These cuts aim to save over $3.3 billion in the coming years, reflecting ongoing challenges balancing the state's financial needs and social commitments.
The agreement avoids higher levies on corporations and includes tax incentives for the film industry as well as cuts to some social programs.
Newsom initially proposed a $100 monthly fee for undocumented adults enrolled in Medi-Cal, California's version of Medicaid for low-income residents, beginning in 2027.
Collection
[
|
...
]