Gov. Gavin Newsom’s Revised California Budget Cuts Pensions, Raises Taxes, Spends Reserves, Extends Carryover For Film Tax Credits By 3 Years
Deadline -

On Thursday, California Governor Gavin Newsom proposed a revised $203 billion state budget that attempted to account for $54 million gap created by increased expenditures and decreased revenue resulting from the impact of the coronavirus. The largest cut listed a budget summary the state released is the elimination of $2.4 billion in supplemental payments to [

Read this story at

Loading...

Related Articles