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The state’s multibillion-dollar shortfall shapes which spending bills survived the ‘suspense file’ hearings by the Assembly and Senate appropriations committees.
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The budget includes a reduction of over 32 full-time employees, mostly through attrition and reassignment.
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Lawmakers approved major new spending on an ongoing Capitol renovation this year without once mentioning the cost escalations.
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The settlement funds are the result of thousands of lawsuits filed against a host of health care companies, including Johnson & Johnson, McKesson, CVS Health, and Walmart, for aggressively promoting and distributing painkillers.
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The Climate Resilience Package could bring in $1 billion in federal funds over the next few years for climate action across the state.
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After weeks of negotiations, the governor and top Democrats in the Legislature say they have a budget deal. Legislators will start voting today on bills related to the agreement, which sets spending and policy across a wide range of issues affecting Californians.
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Local governments are facing tough financial decisions due to declining revenues and rising costs.
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The budget includes welcome increases to state financial aid to students in need and a set-aside for universities struggling with ‘financial sustainability.’
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Providers say home daycare businesses may need to close if the state continues paying too little in child care subsidies.
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This time last year, there was excitement and possibility over how to spend a record $97.5 billion budget surplus, a shocking figure coming at the end of a bruising COVID-19 pandemic. But this year, excitement has turned into a fight over what not to cut as the state stares down a $31.5 billion budget gap.
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School funding, educator pay increases and early reading investments are on pause with Senate Republicans in week three of their walkout.
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Oregonians would see a record $5.5 billion kicker rebate under a newly released revenue forecast.
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Gov. Gavin Newsom says his plan to cover a budget shortfall that has grown by $9 billion protects investments in education, health care and housing. But it also relies on more borrowing and doesn’t include asks for child care and public transit.
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At the direction of a bipartisan group of state lawmakers, the state auditor will complete a detailed audit of spending on California homelessness programs. The number of unhoused has grown, even as spending has increased.