California Can’t Afford Newsom’s Revised Spending Plan: LAO

Recent spending proposals outlined successful Gov. Gavin Newsom’s May fund revision outpace revenues, with the accidental the authorities tin spend its spending levels little than one-in-six crossed a five-year period, according to a report released May 23 by the state’s nonpartisan Legislative Analyst’s Office. “If the Legislature adopts the Governor’s May Revision proposals, the authorities precise apt volition look much fund problems implicit ...