Similar Stories to California Sees $9 Billion Surplus, Passes Budget To Help Poor on Bing News

The budget both stores some of the state's windfall in its rainy day fund, and increases spending on assistance for people living in poverty as well as programs combatting homelessness. The surplus is the state's largest since at least 2000.

Topics:  surplus   budget   state   
BING NEWS:
  • Newsom says budget is balanced, will still tap $7 billion in reserves
    If you take Gov. Gavin Newsom at his word, California will have a budget surplus for the first time in several years, and his fellow Democrats who control the legislature won't need to cut more ...
    01/12/2025 - 9:08 am | View Link
  • Walters: Three years later, surplus spending casts a shadow over Newsom’s new state budget
    A mistaken belief in a $97 billion phantom surplus three years ago complicates today's budget proposal, along with such future unknowns.
    01/11/2025 - 12:00 pm | View Link
  • Newsom announces budget with minor surplus, lawmakers concerned about future financial issues
    The governor's budget proposes a $363 million surplus, though revenue for the state may be delayed due to ongoing Los Angeles fires.
    01/10/2025 - 11:06 am | View Link
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