Newsom Reveals Slashed Budget, Sees HEROES Act as Solution

California Gov. Gavin Newsom gives an update on the state's response to the COVID-19 pandemic, at the Governor's Office of Emergency Services in Rancho Cordova, Calif., on March 17, 2020. At right is California Health and Human Services Agency Director Dr. Mark Ghaly. Rich Pedroncelli, Pool/AP Photo

California Gov. Gavin Newsom’s revised $203.3 billion budget could mean wage cuts for state employees and slashed education spending.

Newsom said he proposed the drastic cuts in his “May Revise” to make up for a massive $54.3 billion budget shortfall because of the COVID-19 pandemic.