California’s booming economy and fiscal health have offered Gov. Gavin Newsom a rare opportunity: to propose a state budget with something for nearly everyone.
Newsom on Thursday proposed a $144 billion general fund spending plan in his first budget, a 4 percent increase.
It follows former Gov. Jerry Brown’s pattern of socking away billions of dollars in reserves while making large investments in early childhood development, K-12 and higher education, health care and emergency readiness.Read More