(CALMATERS) - What are the big takeaways from Gov. Gavin Newsom’s updated 2023-24 budget proposal, the so-called May revise? The impact of climate change. Fiscal restraint with a looming recession. And almost certainly, no tax increases to cover the growing budget deficit. Thespending plan Newsom unveiled Fridayanticipates a $31.5 billion deficit, up from $22.5 billion […]
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