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  1. May 10, 2024 · This January, Newsom said the state’s revenues for 2022–23 to 2024–25 have been coming in $42.9 billion lower than 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 ...

  2. May 10, 2024 · Plus, Newsom has said he wants to take $13 billion from the state's various savings accounts to help balance the budget. But these won't close the gap, and California appears headed toward more ...

  3. May 10, 2024 · Plus, Newsom has said he wants to take $13 billion from the state’s various savings accounts to help balance the budget. But these won’t close the gap, and California appears headed toward ...

  4. Plus, Newsom has said he wants to take $13 billion from the state’s various savings accounts to help balance the budget. But these won’t close the gap, and California appears headed toward ...

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  6. May 11, 2024 · $19.1 billion. A large part of how Newsom wants to solve California’s deficit involves clawing back $19.1 billion in unspent funding that was promised just a few years ago, during brighter days ...

  7. May 10, 2024 · Plus, Newsom has said he wants to take $13 billion from the state's various savings accounts to help balance the budget. But these won't close the gap, and California appears headed toward more ...

  8. May 22, 2024 · The governor’s latest accounting maneuver is to draw from the state’s reserves (of around $13.1 billion) to close the gap and cut $8.5 billion in spending from key priorities.

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