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Newsom Proposes $322B Budget with No Deficit
Newsom floats $322 billion budget that would pull California out of deficit
Gov. Gavin Newsom (D-CA) proposed a $322 billion budget for California on Monday in an attempt to burnish his legacy as his time leading the state draws to a close. If his budget is approved, it would be the first time in two years California is not expected to have a deficit in its state
Newsom proposes ‘balanced’ budget with no deficits
California Gov. Gavin Newsom (D) on Monday proposed a $322 billion budget that he said would be “balanced” and without deficits — marking a significant turnaround after two years of shortfalls. Newsom delivered a “top-line” version of the 2025-2026 budget proposal at a Monday press conference,
Newsom Proposes $322B Budget with No Deficit, but Trump-Era Funding Threats Loom
Gov. Gavin Newsom has proposed a $322 billion budget without a deficit, a welcome change after two years of significant budget shortfalls in the nation's most populous state.
wildfires, California and Los Angeles
California wildfires devastate Los Angeles County, killing 5 and threatening thousands of homes
Multiple wildfires, including the Palisades Fire and Eaton Fire, are raging across southern California Thursday, leaving at least 5 dead and burning more than 27,000 acres, officials say. Police have arrested 20 suspected looters.
How the Wildfires in Los Angeles Area Could Affect California's Home Insurance Market
The wildfires that destroyed homes in multiple sections of the Los Angeles area will test California’s efforts to stabilize the state’s insurance marketplace after many insurers stopped issuing reside
How will the California wildfires shape the home insurance industry?
In recent years, insurers like Allstate, American National, The Hartford and State Farm have stopped renewing policies or issuing new policies for California homeowners.
Opinion
New Republic
2h
Opinion
Los Angeles Fire Dept. Warned New Budget Could Make Fires Worse
The change in fire department funding from 2023-24 stemmed from a one-time purchase of breathing equipment and fire suits ...
ABC7
2h
Los Angeles cut $17.5M from fire department budget months before deadly fires
Seven months before the uncontrolled Palisades Fire in Los Angeles, the city's fire department budget for this fiscal year was cut by more than $17.5 million, records show.
2h
Budget Cuts to Fire Department Are a Point of Contention, but the Full Picture Is Complicated
But as with much of the news swirling around the fires, the real picture is complicated. Facing lower tax revenues and higher ...
9h
on MSN
LA fires underscore how much California has to lose if Trump withholds disaster aid
The federal government typically covers 75% of rebuilding costs after a major disaster. President-elect Trump has threatened ...
LAist on MSN
2d
Newsom projects slight budget surplus for 2025, with focus on saving, accountability
As part of his $322.2 billion spending plan for the 2025–26 budget year, Newsom is prioritizing existing programs and future ...
1d
Fact Check: California bill on unemployment benefits for undocumented immigrants was vetoed
A California bill that would have allowed undocumented immigrants to receive unemployment benefits was vetoed by Governor ...
11h
on MSN
California fires put Los Angeles and outlying areas on high alert: What to know
Los Angeles is reeling from the most destructive wildfires in its history, and firefighters are struggling to contain the ...
6h
Khloe Kardashian Criticizes Firefighter Budget Cuts Amid L.A. Wildfire Disaster
While it is unknown if much of the Kardashian-Jenner clan has been affected by the wildfires, older sister Kim Kardashian 's ...
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