Gov. Gavin Newsom ( D- CA ) announced his proposed$ 288 billion state budget, which would cut thousands of vacant state jobs and funding to more than 200 state programs in order to close the state’s$ 27.6 billion deficit.
Newsom revealed his resources plan on Friday for the 2024- 2025 governmental season, which starts on July 1, citing the importance of accountability and responsibility, according to ABC7 News.
This comes a month after state officials agreed to reduce California’s deficit by$ 17.3 billion after Newsom announced in January that the state’s deficit was$ 37.9 billion. The state deficit ended up being closer to$ 45 billion, which was$ 7 billion more than Newsom and state officials had estimated.
” These are plans, arguments that I’ve long advanced — many of them”, Newsom explained. ” But you’ve got to complete it. We have to be concerned. We have to be guilty”.
Our revised state budget plan cuts spending, makes state sharper, and preserves base service — all without proposing fresh taxes on hardworking Californians.
It’s a sensible, two- season solution that sets California on the right path. photograph. twitter.com/xT9RLH03X5
— California Governor (@CAgovernor ) May 10, 2024
Under Newsom’s plan, 260 position programs would also have their financing slashed. Cuts consist of$ 2 billion to broadband that would have helped to expand high- speed internet connections,$ 500 million that was going to be used to improve the state’s water storage system, and$ 272 million that would have gone to improving employment services for California’s welfare system, among other things.
Different cuts consist of closing housing models with more than 4, 000 mattresses throughout 13 prison in the position, saving practically$ 81 million. Also,$ 300 million that was helping to give state and local health departments with COVID- 19 crisis- related aid had been slashed, according to ABC7.
As the state faces an estimated deficit of$ 28.4 billion for next year, Gov. According to Newsom, it is crucial for the state to address the deficit for both the current and upcoming years.
” We know what we know, but we do n’t know what we do n’t know”, Newsom said. I think this is why we need to think about it for two years going forward.
