In his final act of the legislative session, Governor Newsom signs legislation promoting fiscal responsibility and budget stability
Press Release
Issues: Budget, Spending and Taxes
“Building on the balanced budget we passed in June that eliminated our deficit — without raising taxes on hardworking Californians and without deep program cuts — this legislation ensures that we continue to live within our means, just as families across the state do. By creating a holding account for projected surpluses, we’re taking a conservative, prudent approach to budgeting.”
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