Gov. Newsom Announces Revised Budget That Eliminates California's Deficit, Maintains Investments for Working Families, Healthcare, Education, and Businesses
May 15, 2026
May 15, 2026
SACRAMENTO, California, May 15 -- Gov. Gavin Newsom, D-California, issued the following news release on May 14, 2026:
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Governor Newsom announces revised budget that eliminates California's deficit, maintains investments for working families, healthcare, education, and businesses
What you need to know: No deficit this year. No deficit next year. The Governor's proposal eliminates the structural deficit to $0 through July 2028 -- while investin . . .
* * *
Governor Newsom announces revised budget that eliminates California's deficit, maintains investments for working families, healthcare, education, and businesses
What you need to know: No deficit this year. No deficit next year. The Governor's proposal eliminates the structural deficit to $0 through July 2028 -- while investin . . .