WhatMatters
California’s $26B surplus raises tough choices
Good morning, California. It’s Thursday, November 19. Spend or save? Even with a rosier-than-expected budget forecast, Gov. Gavin Newsom and state lawmakers have some hard choices ahead of them. Wealthy Californians who made financial gains amid the pandemic and a booming stock market helped the state reap $26 billion in one-time surplus funds, according to […]