Daily Mail News UK – Politics
California Governor Gavin Newsom has said the state’s budget deficit is expected to soar to almost $32 billion, nearly $10 billion more than he had projected in January.
Newsom on Friday revealed his revised budget plan for the fiscal year starting on July 1, proposing a plan that to cover the shortfall while potentially leaving the state with multibillion-dollar deficits in the future.
‘This was not an easy budget, but I hope you see we will try to do our best to hold the line and take care of the most vulnerable and most needy, but still maintain prudence,’ Newsom said.
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