Posted inState News

Gov. Newsom Presents Balanced Budget for California; Avoids Tax Hikes, Worker Furloughs

By Joe W. Bowers Jr., California Black Media On May 10, Gov. Gavin Newsom presented his annual revision of the state budget for the 2024-25 fiscal year. Commonly referred to as the “May Revise,” the $288 billion spending plan focuses on stringent spending cuts, improving government efficiency, streamlining procurement, cutting bureaucratic obstacles, and reducing redundancies […]

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