Gavin Newsom unveils his revised 2024-25 state budget during a news conference in Sacramento on May 10, 2024. California’s budget deficit has grown. Gavin Newsom released his revised $288-billion budget proposal last week, which included a bleak update on the state’s deficit: It has grown from earlier projections. “None of this is the kind of work you enjoy doing, but you’ve got to do it,” Newsom said Friday. An ‘incomplete’ plan and a Roman holidayBack in January, Newsom said the “prime-time” event would come when he released his May revision.

Source: Los Angeles Times May 14, 2024 15:03 UTC