Gov. Newsom releases his plan to close $27.6 billion deficit gap

Name: Gov. Newsom releases his plan to close $27.6 billion deficit gap
Uploaded: 2024-05-10T18:18:00-0700
Duration: 3 min 11 s
Description: California has a budget deficit of $27.6 billion, Gov. Gavin Newsom announced Friday — a gap so wide that he's proposing cutting 10,000 vacant state jobs and suspending some widely used business tax deductions.

California has a budget deficit of $27.6 billion, Gov. Gavin Newsom announced Friday — a gap so wide that he's proposing cutting 10,000 vacant state jobs and suspending some widely used business tax deductions.