Newsom says state has $27 billion budget shortfall, but it can be balanced without raising taxes
California state budget has $27.6 billion deficit manageable without new taxes. Newsom's plan includes rainy day reserves, job cuts, delayed programs, and reduced spending. [ more ]
Newsom Seeks to Close $37.9 Billion Deficit by Cutting Spending and Using Reserves
Gov. Gavin Newsom announced a $37.9 billion budget deficit in California and asked lawmakers to address it by cutting spending and using reserves.
The deficit is lower than projected, and Newsom plans to cover nearly half of it with reserves and delay spending commitments into the next fiscal year. [ more ]
Johnson Pitches Bill to Avert Government Shutdown That Faces an Uncertain Fate
House Republican proposes convoluted plan to avert government shutdown by extending funding for some agencies until late January and others through early February
Conservative House Republicans demand spending cuts and Democrats question staggered funding and deep spending cuts [ more ]