Gov. Newsom Proposes Billions in Budget Cuts, No New Taxes | Travis Gillmore

May 20, 2024

California Governor Gavin Newsom has released the May revision of his budget proposal, introducing a series of measures aimed at addressing the state’s significant budget deficit. The revised proposal comes amidst a wide range of projections and considerable debate over the true extent of the financial shortfall. This article explores the key elements of Newsom’s revised budget and the various reactions it has elicited from different stakeholders.

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