June 22, 2024

Gov. Gavin Newsom addresses the media during a press conference unveiling his revised 2024-25 budget proposal at the Capitol Annex Swing Space in Sacramento on May 10, 2024. Photo by Fred Greaves for CalMatters

CalMatters en Español

Todo lo que necesitas saber sobre el acuerdo presupuestario de California

El gobernador Newsom y los líderes legislativos anuncian un acuerdo para cerrar el déficit presupuestario estatal recurriendo a las reservas y reduciendo algunos gastos.

By Alexei Koseff • June 22, 2024

Capitol

What you need to know about the California budget deal

Gov. Newsom and legislative leaders announce an agreement to bridge the state budget deficit by dipping into reserves and reducing some spending. The deal also calls for a bill in August to set aside more money and a 2026 constitutional amendment to grow the state’s rainy day fund.

By Alexei Koseff • June 22, 2024