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Governor Newsom announces revised budget that eliminates California’s deficit, maintains investments for working families, healthcare, education, and businesses

What you need to know: No deficit this year. No deficit next year. The Governor's proposal eliminate...

LATEST NEWS May 14, 2026

Governor Newsom announces revised budget that eliminates California’s deficit, maintains investments for working families, healthcare, education, and businesses

What you need to know: No deficit this year. No deficit next year. The Governor's proposal eliminates the structural deficit to $0 through July 2028 — while...

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What you need to know: No deficit this year. No deficit next year. The Governor's proposal eliminates the structural deficit to $0 through July 2028 — while...

Author: California State Portal | CA.gov

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