The Briefing Room
State Chapters => California => Topic started by: rangerrebew on May 17, 2020, 01:10:53 pm
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Gavin Newsom’s $203.3 billion California budget cuts school funding, spends reserves
By Sophia Bollag,
May 14, 2020 12:03 PM , Updated May 14, 2020 05:33 PM
California Governor Gavin Newsom outlined the six factors the state is looking at when determining when the coronavirus stay-at-home orders should loosen at press conference on Apr. 14, 2020. By California Governor
California Gov. Gavin Newsom’s updated $203.3 billion budget proposal would cut school funding, cancel a planned boost in public pensions spending and draw down reserves to make up for a projected $54.3 billion budget deficit brought on by the coronavirus pandemic.
The plan, unveiled Thursday, reflects a sudden recession spurred by global efforts to slow the spread of the coronavirus that causes COVID-19. In California, about 4.5 million people have filed for unemployment since mid-March, when Newsom issued a stay-at-home order that shut down much of the state’s economy.
His office projects unemployment could peak at nearly 25 percent, roughly double the peak during the Great Recession.
Read more here: https://www.sacbee.com/news/politics-government/capitol-alert/article242726681.html#storylink=cpy (https://www.sacbee.com/news/politics-government/capitol-alert/article242726681.html#storylink=cpy)
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School finance cuts are coming to schools, too. Just more democrat's efforts to dumb down and control voters.
:headbang:
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Unless the budget zeroes out programs that give $$ and bennies to illegals and tightens verifications for social program eligibility, this is a Washington Monument Syndrome stunt.
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All part of the plan to raise taxes in the future by using schools as the "victim"... :whistle:
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All part of the plan to raise taxes in the future by using schools as the "victim"... :whistle:
No need to create an excuse - CA does that every election.
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No need to create an excuse - CA does that every election.
Sadly, too true... :beer:
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California’s budget cuts include canceling billions in climate change spending
KTLA5 5/15/2020
https://ktla.com/news/california/californias-budget-cuts-include-cancelling-billions-in-climate-change-spending/ (https://ktla.com/news/california/californias-budget-cuts-include-cancelling-billions-in-climate-change-spending/)
California Gov. Gavin Newsom’s proposed budget cuts include canceling billions of dollars in climate change spending, a blow to environmental advocates who look to the state as a stopgap for the Trump administration’s weakening of federal protections.
In January, Newsom proposed a $12 billion “climate budget†that, over the next five years, would offer incentives for companies to convert to electric vehicles, give low-interest loans to businesses to clean up their practices and spend billions on projects preparing for floods, droughts and wildfires.
But Thursday, Newsom proposed eliminating most of the foundation for those programs to balance a budget that will have an estimated $54.3 billion deficit. The economic downturn has been brought by a statewide stay-at-home order to limit the spread of the coronavirus. The order has closed most businesses for two months, putting more than 4.5 million people out of work and sending state tax collections plummeting.
The proposed cuts come as the state is battling the Trump administration over water quality and auto emissions, among other environmental issues.
More at link.
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You mean the land of fruits and nuts is going to go bankrupt?
Gee,who could have predicted THAT?