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Governor Newsom Proposes $322 Billion Budget with No Deficit
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California Governor Gavin Newsom has proposed a $322 Billion state budget for the next fiscal year. Newsom says the budget, which comes after two years of massive state deficits, will be balanced and without a deficit. But the budget is essentially a placeholder, as Newsom and the state legislature await the incoming Trump administration, and possible cuts to federal funding. Blake Jones, co-author of the Politico California Playbook joins Cher Calvin and Micah Ohlman with more on the proposal and the budget fight ahead. Jan. 6, 2025.
KTLA 5 News - Keeping Southern Californians informed since 1947.
KTLA 5 News - Keeping Southern Californians informed since 1947.
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