Gavin Newsom proposes slashing vacant state jobs to help balance budget
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- čas přidán 9. 05. 2024
- California has a budget deficit of $27.6 billion, Gov. Gavin Newsom announced Friday - a gap so wide that he's proposing eliminating 10,000 vacant state jobs and cutting spending across 260 state programs. The Democratic governor outlined the deficit Friday as part of his proposed $288 billion state budget for the fiscal year that starts July 1. That's by far the largest budget of any state. One-time cuts would include $2 billion for broadband that would have expanded broadband connections, $500 million for water storage in the drought-plagued state, and $272 million for employment services for the state's welfare program. Continuing cuts would save another $81 million by closing housing units with 4,600 beds across 13 state prisons, and remove $300 million in pandemic-related help for state and local public health departments. Ongoing spending for a scholarship program for middle class college students pursuing a teaching credential would be cut by $510 million. He also wants to suspend the widely used net operating loss tax deduction for businesses. "These are programs, propositions that I've long advanced -- many of them," Newsom said as he began outlining his budget. "But you've got to do it. We have to be responsible. We have to be accountable." The deficit is smaller than the $38 billion Newsom predicted in January, but that's because it doesn't include $17.3 billion in cuts and other actions he and lawmakers already agreed on to help close it. Otherwise, it would be closer to $45 billion. This is the second year in a row the nation's most populous state is facing a multi-billion dollar shortfall. State revenues have continued to fall amid increasing inflation and a slow-down in the state's normally robust technology industry. Through the end of April, state tax collections from its three biggest sources - personal income, corporations and sales - dropped more than $6 billion below the previous estimate. Newsom, now in his last term as governor and widely seen as a future presidential candidate, says his plan will address both this year's deficit and a projected $28.4 billion deficit for the following year. He plans to outline more than $32 billion in cuts to make that happen so that the state Legislature can must pass a spending plan by June 15. "It's I think appropriate and prudent for us not to just solve for this year but to also solve for next year," Newsom said. Newsom and the non-partisan Legislative Analyst's Office have disagreed on the true size of the state's deficit this year. The LAO said in January that the deficit was actually $58 billion when including some reductions in public education spending. The LAO will release its own new estimate next week, and it will likely be larger. In January, Newsom floated the possibility of delaying a minimum wage increase for health care workers that Newsom signed into law to much fanfare just last year. State budgeting is a guessing game, particularly in California, where a progressive tax system means the state gets the bulk of its tax collections from rich people. About half of the state's income tax collections came from just 1% of the population in 2021. This makes the state more vulnerable to swings in the stock market. If lawmakers and Newsom get revenue projections wrong and the state takes in less than they thought, there's a shortfall. And unlike the federal government, the California Constitution requires the state to have a balanced budget. Last year, their predictions were way off after a series of destructive storms in January 2023 prompted lengthy delays in tax filing deadlines. Instead of filing their taxes in April, most Californians could wait until November. Lawmakers still had to pass a budget by June, despite not knowing how much money they had. This January, Newsom said the state's revenues for 2022-23 to 2024-25 have been coming in $42.9 billion lower than they estimated. Newsom and lawmakers have already agreed to about $17 billion in reductions and deferrals to reduce the deficit. Plus, Newsom has said he wants to take $13 billion from the state's various savings accounts to help balance the budget. Corporate tax collections are down 15% from last year, the fourth largest drop in the past 40 years, according to the LAO. And while income taxes are growing thanks to a 20% increase in the stock market since October that's driving an increase of 8% in total income tax collections this year, the LAO said growth is unlikely to continue. That's because the broader state economy has not improved - the unemployment rate has risen and investments in California businesses have declined.
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Newsome can't budget our money! 😢
In my mind, I saved millions in an overseas tax free account, bought a mansion in the hills of France, then I woke up. Newsome never wakes up and keeps spewing his dreams.
I dont care how much of a poltical robot this guy is. If he can balance budgets, then he has my attention
This guy is corrupt
Very
"Comrade " Governor Gavin "Gabby" Newsome of "The Communist Socialist Demokraut Party of California ",
Tell us again how your "doctrine of prosperity" for Our beloved State if Califoenia Works? With more people including your own k8nfolf living and you nor learning how to budget makes it look like your going into default. My friends of Californis, if this is want you want then continue to vote this way. If you want a better California then vote different as it cobservative.
If my family is used as the example for this state and country, that means that whatever happens out of 1 household here on stringtown will be the standard for all households in our nation. World leaders have spoken to you and biden you know this very well
I am a urban wildlands civilian emergence response and under Obama care act CER civilian emergency response, along with my 5 children, kids, that assist and are providing a better future by becoming the futures educators for the lack of knowledge in our institutions.
We are a native Indegenous aboriginal family in the united states of america I am Iroquois seneca and Cherokee both grandmother's on mother and fathers side were full blood cherokee and so is my grandfather.
I was born on free soil at feather River hospital by Cheryl struve nurse midwife at paradise medical group chico California now works under the obgyn at enloe hospital presently who delivered me after the obgyn did not show up for my mother. We re free citizens and I fear for my people
That is my household and children are brutally hunted by nez perce and Blackfoot tribe of Gad and Dan that will be the standard for all natives citizens, citisens, and citizens, any one who stands on our continental u.s.a. north America. This is the state of the union gavin I know your native I see you and respect you deeply please remember that we are all tounges all tribes all nations we need no other country to replace us. Don't forget ww2 spanish portugal missions aka fema camps, holocaust camps. Ask to see the shoes jackets bones and teeth, uc Berkeley and caltech are the institutions connected with chico state making deals in the dark without your knowledge.
Please protect my family as I pray and intercede to protect yours and our people in this state of California, Pacifica. Look to mount sanai west the mountain El captain in yosemite is where Moses scribed the 10 commandment tablets. The grotto south Billie park is where you'll find where john baptists and Paul who is nostradamus hide and the rest of the epistles of old. Scarecrows that fell into sin I have uncovered john baptistas and Paul nostradamas work of lodging stones in the root crotches of oaks and are destroying the history of this land for a long time. And they speak evil and conjure spirits with ukuleles we need Hawaiians and Samoans here to help. Thank you for all you do my native indegenous aboriginal brothers and sisters land of the brave and strong home of the free and educated American master logging
Kayla Nicole Evanz-Evans
Advice for native Indians
You are native american you have the Constitution of the federal and state and bill of rights for federal and state government intact. Use it wisely. Stop pleading the 5th and be honest your government needs people to be honest so he can take all this truth and factual evidence before world leaders he needs the people to supports him by our family oral teachings and artifacts. If natives leave the reservations it puts the foreigners who found safety and sanctuary in our state and country in immediate danger its a dominoe effect we practice the 1st commandment of the 10 commandents at all times but we will not be shot in our homes or arrested for living here its not our fault we were born by God as free men and women and children in this country that stands for freedom and is marked and etched on its flags and seals of the history here. We have a firm foundation Gavin build on it, less infrastructure Ophir calufornia Gold its the people
The resources of the land are the silver
But the archeology thats the apple of world leaders eyes. Washington d.c. is a standing smithsonian that who you trust gavin and all institutions stop sending it to the temple institute in Israel and italy or any broherhoods the only one recognized is the freemason grand odre in Washington d.c. and capitol buildings.
Seperate these terrorist operations gavin you know whos who.
Melkeizedek order and this is the pattern.
I found something so good here in butte county who cares about that dam you just have dwr handle their private property. Indiana is here when your ready because its the next canyon over and all around.
Gavin newsom can you just charge the Mendocino genetic research plant of nuclear toxic waste who is responsible for the fires here in butte county and the dam failing loom on Google earth and see the destruction in my local area due to the private endeavor how many lives have been lost plants and animals due to this ceo?