Tax windfall may rescue Newsom’s final budget as governor
SACRAMENTO — Gov. Gavin Newsom’s revised $349.9-billion budget proposal largely relies on a tax windfall to erase California’s deficit over the next two fiscal years, allowing the Democratic governor to end his term with a surplus and say he’s providing a cushion for his successor. The budget, which Newsom presented Thursday, showcases the governor’s desire to leave … Read more