California's Budget Deal: Cuts, Compromises, and Controversies
Gov. Newsom and Democratic leaders navigate a $50 billion shortfall with a mix of funding cuts, deferrals, and preserved social programs.
- Local homelessness efforts receive $1 billion in funding to expand services and housing options.
- Child care advocates secure funding for 11,000 new subsidized slots, aiming for 200,000 by 2028.
- Public universities get a temporary funding boost but face future cuts and deferrals.
- Affordable housing and health care programs see significant budget reductions.
- Gov. Newsom's fiscal emergency declaration allows the use of $12 billion from state reserves.