Billions of Dollars in Cuts Proposed by Newsom to Close California’s Budget Gap

The governor proposed major cuts and funding delays for climate measures, housing programs, and higher education, among others.

California Gov. Gavin Newsom speaks in Los Angeles on Jan. 3, 2024. John Fredricks/The Epoch Times

Seeking to close a multibillion-dollar budget gap, California Gov. Gavin Newsom’s fiscal 2024–25 budget proposal includes $8.5 billion in cuts to various programs, including climate, housing, and education.

Further complicating the budget discussion are discrepancies between the governor’s deficit projections and those of the nonpartisan Legislative Analyst’s Office, released in December 2023.