California Leaders Strike Balanced Budget Deal with Zero Deficit
Gov. Gavin Newsom and legislative leaders announced a 2026–27 budget agreement that eliminates the deficit while protecting healthcare, education, and climate programs.
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Gov. Gavin Newsom and legislative leaders announced a 2026–27 budget agreement that eliminates the deficit while protecting healthcare, education, and climate programs.
Governor Gavin Newsom and legislative leaders announced a balanced budget agreement on June 26 that closes California's deficit with zero deficit for both the current and next fiscal year, protecting healthcare, education, and housing programs.
Governor Newsom and California legislative leaders are locked in a budget standoff days before the July 1 fiscal year start, as the Legislature pushes to restore more than $6 billion in spending the governor proposed cutting.