Beltway Confidential

Newsom’s budget problems are getting even worse

By Zachary Faria
Published May 26, 2023 7:52pm ET
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Newsom’s budget problems are getting even worse
Two weeks ago, Gov. Gavin Newsom (D-CA) revealed that California’s budget deficit was higher than estimated. Now, the state’s Legislative Analyst’s Office says even Newsom’s new budget that accounted for that fact is not affordable. According to the LAO, which helps guide the state legislature on spending decisions, the projected budget deficit is $34.5 billion, […]

Two weeks ago, Gov. Gavin Newsom (D-CA) revealed that California’s budget deficit was higher than estimated. Now, the state’s Legislative Analyst’s Office says even Newsom’s new budget that accounted for that fact is not affordable.

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