Episode
Newsom’s $352B Budget Breakdown | California News
- Published
- Jun 30, 2026
- Duration seconds
- 114
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Summary
California just locked in a historic $352 billion budget that balances the books for two straight years — a major win for Governor Newsom as he wraps up his term. Boosted by an AI-driven tax windfall and new levies like a software sales tax and higher healthcare provider fees, the plan softens billions in cuts to Medi-Cal and preserves funding for in-home care, homelessness services, and thousands of new child care spots. While some lawmakers argue it avoids holding big corporations accountable for Medi-Cal costs, Newsom touts these investments as legacy wins. Climate funding remains on hold, but electric vehicle incentives are set to roll out — especially for lower-income families — later this summer. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/c162d81bfe9cd59e