California Gov. Gavin Newsom is waking up to a $18 billion budget hangover — and fixing it won’t be pretty. After years of surpluses, the Golden State is facing staggering deficits that could balloon to $35 billion in the coming years, according to the state’s Legislative Analyst, after a years-long spending spree combined with federal…
Gavin Newsom confronts $18B budget disaster he helped create
Politics
January 08, 2026
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