$18B deficit projection puts pressure on California’s 2025 budget decisions
Автор: ABC10
Загружено: 2025-11-20
Просмотров: 280
Описание:
California’s budget deficit has grown to nearly $18 billion, according to a new report from the Legislative Analyst’s Office, which says the state must balance the budget through spending cuts, increased revenue, or both. The shortfall is $5 billion higher than previously expected. Republicans blame overspending and lack of transparency, while some Democrats cite both waste and rising costs influenced by federal economic policies under President Trump. California must also backfill billions due to changes under the One Big Beautiful Bill affecting Medi-Cal and CalFresh funding. Democratic leaders say health care, food aid, housing, and education must remain protected, while Republicans argue public safety priorities are being sidelined. Gov. Newsom will finalize his proposal after Thanksgiving, with the Legislature set to take up the budget in January.
#CaliforniaBudget
#StateDeficit
#LAOReport
#SacramentoPolitics
#BudgetCuts
Get the news today live and weather with the free ABC10+ TV streaming app: https://www.abc10.com/article/about-u...
Subscribe at: https://goo.gl/vai8Eu
Find ABC10 online: https://www.abc10.com/
Sign up for our newsletter: https://www.abc10.com/email
Stream ABC10 on Roku: https://channelstore.roku.com/details...
Stream ABC10 on Amazon Fire: https://www.amazon.com/Gannett-Broadc...
Stream ABC10 on AppleTV: https://itunes.apple.com/us/app/abc10...
Like ABC10 on Facebook: / abc10tv
Like ABC10 on Instagram: / abc10tv
Follow ABC10 on Twitter: / abc10
App download Android: https://play.google.com/store/apps/de...
App download iPhone: https://apps.apple.com/us/app/abc10-n...
Повторяем попытку...
Доступные форматы для скачивания:
Скачать видео
-
Информация по загрузке: