Newsom Announces $144 Billion Budget; Projects $21 Billion Surplus

Lt. Gov. Gavin Newsom a Democrat addresses an election night crowd after he defeated Republican John Cox to become the 40th governor of California Tuesday Nov. 6 2018 in Los Angeles

Gov. Newsom releases $144B California budget

The total budget is projected to exceed $170 billion, with operating costs around $102 billion, according to the most recent state financial plan, which was released in November. The new governor declared his $209 billion state budget proposal, of which health care accounts for almost 30 percent, "a reflection of our values".

San Diego's representatives in the state legislature lauded Newsom's budget for its ambitious funding propositions.

The extra $6 billion gives Newsom room to spend more on health care, education and housing.

To address the California State Teachers' Retirement System's unfunded pension liabilities, Newsom is seeking legislative approval for a "one-time" allocation of $1.1 billion, and he's seeking another $3 billion to pay down the California Public Employees' Retirement System's unfunded liabilities.

Thurmond also praised the proposed $1.8 billion in early learning and childhood programs, which could help close the achievement gap. The Newsom administration believes those initiatives will provide a foundation for new or expanded services, many of which would need to be funded over the course of several years.

Florida governor pardons ‘Groveland Four,’ wrongly convicted of rape in 1949
After hearing testimony from family members of the men and Padgett herself, now in her late 80s, newly-inaugurated Republican Gov. Ron DeSantis said this case was a " miscarriage of justice " and that the "only appropriate thing to do is to grant pardons".

San Joaquin County probation chief Stephanie James, president of the Chief Probation Officers of California, said Newsom's proposal could imperil reforms made in juvenile justice over the last decade.

The known details of the new budget include a $2 billion plan to support low-income children, with much of the money going toward the construction of childcare facilities and kindergarten classrooms.

The Legislature scrapped the idea after protests from the agricultural community and the Association of California Water Agencies, which represents more than 400 water districts, and it became clear that it was proving increasingly hard to secure the two-thirds super-majority needed to impose a new tax. Newsom wants them to use the money to make the second year of school tuition free, although it already is for many low-income students. He proposes withholding money if local communities don't meet their housing goals or stand up homeless shelters.

Newsom has also proposed expanding state-funded health care to low-income people living in the country illegally until their 26th birthday, up from a current cutoff age of 19.

Newsom also plans to increase subsidies for people who buy their own insurance, rather than getting it from an employer or government program. The $923 million is 25 percent of the overall projected cost, with the federal government covering the rest. Subsidized premiums would be increased under Covered California, the state's version of Obamacare, while expanding Medi-Cal, the state's medical plan for the poor.

GoFundMe to refund donations for border wall
But it reported that three military hospitals named by Kolfage said they never received any funds from him. Personal checks mailed to the effort will not be guaranteed, according to a GoFundMe .

"We must remember that creating new programs that would only have to be cut in a recession would be foolish", said Assemblyman Jay Olbernolte, the top Republican on the budget committee.

He also teased a restructuring of the state's troubled high-speed rail project, one of Brown's priorities, and barely mentioned climate change, another signature Brown issue.

The state's existing program allows workers to take up to six weeks of paid leave every year-during which they may receive up to 70 percent of their salary-to bond with a newborn/newly adopted child or care for a seriously ill family member. Newsom wants to eventually offer six months of leave to be split between the parents, though his initial budget will include a smaller step in that direction.

The current leave program is funded through payroll tax, but it is now unclear exactly how the expanded program will be paid for, The Hill reported. It's unclear how Newsom would pay for a full six-month program.

Brazilian government approves Boeing-Embraer joint venture
This allowed Airbus to add the Canadian company's impressive C Series family to its aircraft portfolio and rename it the A220. In December, a Brazilian court made a preliminary decision to suspend the creation of an alliance between Boeing and Embraer.

Latest News