Governor Gavin Newsom presented a revised $321.9 billion state budget proposal, which includes $5 billion in spending cuts, $5.3 billion in borrowing and fund transfers, and $1.7 billion in fund shifts, and proposes no new state taxes, while maintaining core investments in education, health care, and behavioral health.
The post May Revise: Newsom’s 2025 Budget Preserves Services Critical to Black Communities appeared first on The Sacramento Observer.