The Epoch Times
The Epoch Times
AD
The Epoch Times
Support Us
Regional & State News

Governor Reworks Budget as Covid-19 Plays Havoc With California Economy

0
FacebookXTruthGettrLinkedInTelegramEmail
Governor Reworks Budget as Covid-19 Plays Havoc With California Economy
California's Gov. Gavin Newsom speaks to the media in Sacramento, Calif., on March 3, 2020. Gabriela Bhaskar/Reuters
Reuters
Reuters
5/14/2020|Updated: 5/14/2020

SACRAMENTO, Calif.—Ambitious plans to strengthen California’s social safety net will likely be scaled back on May 14 when Governor Gavin Newsom unveils a revised state budget reflecting an anticipated $54.3 billion deficit caused by the CCP virus crisis.

Newsom started out in January with big ideas, recommending in a proposed $222 billion budget for the fiscal year beginning July 1 that the state set up its own generic drug label, expand public preschool, combat homelessness, and spend more on education from elementary school to college.

Reuters
Reuters
Author
Author’s Selected Articles

Starbucks Will Pay $38.9 Million to Settle NYC Probe Over Worker Schedules

Dec 02, 2025
Starbucks Will Pay $38.9 Million to Settle NYC Probe Over Worker Schedules

Eli Lilly Cuts Zepbound Price to Widen Access for Obesity Drug

Dec 02, 2025
Eli Lilly Cuts Zepbound Price to Widen Access for Obesity Drug

China Says Armed Attack on Tajik-Afghan Border Kills 3 of Its Nationals

Dec 01, 2025
China Says Armed Attack on Tajik-Afghan Border Kills 3 of Its Nationals

Tropical Storm Deaths Top 600 in Southeast Asia, Over 4 Million Affected

Nov 30, 2025
Tropical Storm Deaths Top 600 in Southeast Asia, Over 4 Million Affected
Related Topics
California
budget
Add to My List
Save
The Epoch Times
Copyright © 2000 - 2025 The Epoch Times Association Inc. All Rights Reserved.