Gov. Newsom Faces Ally Conflict Amid California Budget Crisis
TL/DR -
Two years ago, California had an estimated $100 billion budget surplus, the largest in American history. However, in 2024, the state finds itself facing a nearly $50 billion budget shortfall, forcing State Governor, Gavin Newsom, to declare a fiscal emergency, dip into rainy-day reserves, and make budget cuts. To address the deficit,…