California Gov. Gavin Newsom unveils his revised 2024-25 state budget during a news conference in Sacramento, Calif., Friday, May 10, 2024. California Gov. Gavin Newsom announced in a news conference Friday his plans to cut state funding to stop the state's growing deficit.He said the approach they are taking this time around is a little different than they have in years past.
Newsom said the reason behind the deep spending cuts is "we have to be responsible, accountable; we have to balance the budget." He said this will reduce non-essential spending without raising taxes and will improve government efficiency.
Budget Cuts Deficit Newsom State Funding Spending Taxes Proposal
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