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NEWSOM UNVEILS REVISED STATE BUDGET PLAN

  • NEWS Desk Global
  • May 14, 2025
  • 1 min read



California Gov. Gavin Newsom is set to unveil a revised state budget proposal, indicating a deficit he says has been caused largely by the Trump administration’s tariffs.

In January, Newsom's administration projected a budget surplus, but now the governor's office is projecting a $16 billion deficit over the next two fiscal years.

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