California Leaders Reach Historic Budget Agreement
Governor Gavin Newsom and California lawmakers have announced a monumental $321 billion budget deal aimed at addressing pressing issues, including healthcare for undocumented immigrants and education funding. The final budget plan, expected to be finalized this week, leans on reserve funds and alters Medi-Cal premiums. In a notable move, the state legislature rejected significant funding cuts to the University of California system, prioritizing educational support and maintaining TK-12 funding. Despite the budget approval, a recent poll reveals that many Californians prefer lower taxes and fewer government services, casting doubt on the spending priorities of state leaders. As the budget deadline approaches, lawmakers remain hopeful for final agreements that avoid severe cuts, especially in critical sectors like healthcare and higher education.
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