May 2024

California-budget lunacy per usual, brilliantly described

5-11-24
CalMatters
Newsom finally aligns with Legislature’s gloomier budget outlook, blaming ‘massive volatility’
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BY DAN WALTERS

When Gov. Gavin Newsom proposed a 2024-25 state budget in January, he declared that the state faced a $38 billion deficit and chided journalists for citing wider projections in the gap between income and outgo from the Legislature’s budget analyst.