California faces a projected budget deficit of $22.5 billion for the coming fiscal year, Gov Gavin Newsom announced Tuesday, just days into his second term. It’s a sharp turnaround from last year’s $98 billion surplus.
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California faces a projected budget deficit of $22.5 billion for the coming fiscal year, Gov Gavin Newsom announced Tuesday, just days into his second term. It’s a sharp turnaround from last year’s $98 billion surplus.
