‘Very Volatile Moment’: Newsom Slashes Budget After Turning $98 Billion Surplus Into $22.5 Billion Deficit in Single Year

January 10, 2023   |   Tags:

California Gov. Gavin Newsom (D.) revealed Tuesday that the state faces a $22.5 billion deficit in the coming fiscal year, a far cry from last year’s $98 billion surplus. The post ‘Very Volatile Moment’: Newsom Slashes Budget After Turning $98 Billion Surplus Into $22.5 Billion Deficit in Single Year appeared first on Washington Free Beacon.


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