California governor proposes $322B budget with no deficit

Proposed California budget has no deficit, but could be affected by federal government
The budget Newsom announced Monday is mostly a placeholder as California waits to see if incoming President Donald Trump will follow through on threats to revoke billions in federal dollars, which could force lawmakers to make painful cuts to essential programs.
Gov. Gavin Newsom announced a $322.2 billion budget with no deficit. Here’s what’s in it
California no longer faces a budget deficit, Gov. Gavin Newsom said Monday, two months after budget officials projected a $2 billion deficit that had left little room for additional government spending.
California governor proposes $322B budget with no deficit
California Gov. Gavin Newsom has proposed a $322 billion budget without a deficit. It’s a welcome change after two years of significant budget shortfalls in the nation’s most populous state.
Newsom proposes ‘balanced’ budget with no deficits
California Gov. Gavin Newsom (D) on Monday proposed a $322 billion budget that he said would be “balanced” and without deficits — marking a significant turnaround after two years of shortfalls. Newsom delivered a “top-line” version of the 2025-2026 budget proposal at a Monday press conference,
After 2 years of shortfalls, Gov. Newsom proposes $322B budget with no deficit
Gov. Gavin Newsom has proposed a $322 billion budget without a deficit, a welcome change after two years of significant budget shortfalls in California.
Newsom previews $322B budget, says Trump policies could impact state finances
Gov. Gavin Newsom highlighted some of the 2025-26 state budget lines Monday afternoon while visiting the Northern San Joaquin Valley as a part of his California Jobs First tour. While touting a proposed balanced budget,
Newsom drops preview of $322 billion budget
Governor Gavin Newsom opted to deliver a budget preview, instead of his initial plan of a joint budget presentation and state of the state address.
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