California Budget

Millions of California taxpayers would get hundreds of dollars in cash to help offset the high price of fuel and other goods under a budget agreement announced Sunday by legislative leaders and Gov. Gavin Newsom.

SoCal Edison and the LA Department of Water and Power are offering programs to help people pay their bills. Lolita Lopez reports June 15, 2022.

Despite announcing a record-smashing budget surplus of nearly $100 billion on Friday, California Gov. Gavin Newsom’s plan to spend that money would likely push the state toward a “fiscal cliff” next year that could require billions of dollars in budget cuts, a state analyst said Monday.

California has a record-breaking budget surplus of $97.5 billion. Democratic Gov. Gavin Newsom announced the surplus on Friday. He used his budget presentation to prop up his progressive credentials while also attacking his rivals in conservative states. Newsom declared California to be a true pro-life state because it funds robust preschool programs and does more to protect the public against...