• California is flush with cash amid unprecedented $97.5 billion surplus, Newsom says

    10 days ago - By Bésame

    State coffers are once again overflowing amid an unprecedented budget surplus as Gov. Gavin Newsom on Friday unveiled a massive $300 billion spending package that funnels billions in cash payments to vehicle owners and hospital workers while dramatically boosting spending on education and infrastructure.
    During his highly-anticipated May budget revision, Newsom said the state's surplus ballooned to $97.5 billion, more than double a January estimate, in a second straight year of booming budgets. A large chunk of this surplus is mandated towards education and other spending categories, while...
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