Gavin Newsom presents California budget for fiscal year 2026-2027
In his proposal, Governor Newsom eliminates California's projected deficit and prioritizes education and health; the proposal passes to the state legislature
Time to Read 1 Min
Governor Gavin Newsom this Thursday announced California's revised budget for fiscal year 2026-2027, which completely eliminates the state's projected deficit through July 2028.
Newsom's revised budget proposal amounts to $349.4 billion, which would represent the largest state spending plan in California history.
The governor's proposal considers robust reserves and protection for critical services in the state amid economic uncertainty and the Trump administration's attacks on healthcare and working families.