WhatMatters
Gavin Newsom’s last budget: A 40% increase since he took office
Two days before the fiscal year kicks off on Wednesday, state lawmakers today are poised to approve a budget agreement between Democratic legislative leaders and Gov. Gavin Newsom. Democrats say the plan — Newsom’s last as California governor — balances the state’s budget through 2028, and includes $351 billion in spending for 2026-27. This means […]