Gov. Gavin Newsom (D-CA) has announced a $288 billion state budget that will cut thousands of state jobs and funding for more than 200 state programs to eliminate a $27.6 billion state deficit. The proposal was announced.
Newsom on Friday unveiled his proposed budget for the 2024-2025 fiscal year, which begins July 1. Quote The importance of accountability and responsibility, according to ABC7 News.
This comes a month after state officials agreed to reduce California’s budget deficit by $17.3 billion following the Newsom case. announced In January, the state’s deficit was announced at $37.9 billion. The state’s deficit ended up being nearly $45 billion, $7 billion more than Newsom and state officials had estimated.
“These are programs, proposals that I’ve been pushing for a long time, many of them,” Newsom explained. “But you have to do it. We have to be responsible. We have to be responsible.”
Our revised state budget cuts spending, slims government, and preserves core services, all without proposing new taxes on hardworking Californians.
This is a balanced two-year solution that will put California on the right path. pic.twitter.com/xT9RLH03X5
— Governor of California (@CAgovernor) May 10, 2024
Funding for 260 state programs would also be cut under Newsom’s proposal. The cuts include $2 billion for broadband to help expand high-speed internet connectivity, $500 million to improve the state’s water storage system, and $272 million to improve employment services for California’s welfare system. Ru. , among others.
Other cuts included closing housing units with more than 4,000 beds across the state’s 13 prisons, which saved nearly $81 million. Additionally, $300 million in pandemic-related aid to state and local health departments will also be cut, according to ABC7.
With the state facing an estimated $28.4 billion deficit next year, Governor Newsom added that it is important for the state to resolve not only this year’s deficit, but next year’s.
“We know what we know, but we don’t know what we don’t know,” Newsom said. “I believe this is why we need to be prepared for the next two years.”
