Gov. Newsom OKs budget closing $54.3 billion deficit

almost 4 years in The Mercury

By Adam Bean | The Associated Press SACRAMENTO — California Gov. Gavin Newsom signed a budget on Monday that closes an estimated $54.3 billion deficit by temporarily raising taxes on businesses, delaying payments to public schools and cutting billions of dollars in spending on state services and worker salaries. The $202.1 billion budget mostly spares […]

Mentioned in this news
Share it on