Newsom: State will have another ‘historic budget surplus’
Newsom: State will have another ‘historic budget surplus’
By Sophia Bollag | Sacramento Bee
California will have another “historic budget surplus” next year, Gov. Gavin Newsom said Wednesday.
The Democratic governor made the announcement during an interview with NBC’s Chuck Todd at the Milken Institute’s 24th Global Conference.
Newsom in July signed a $262 billion budget that relied on a projected $75 billion surplus, based on estimates from January.
On…