For Immediate Release
Contact: John Myers
press@calchamber.com
(May 14, 2025) SACRAMENTO, CA — In response to Governor Newsom’s revised state budget announcement, CalChamber President and CEO Jennifer Barrera today issued the following statement:
“The revised budget plan addresses a number of key challenges that lie ahead for California and the nation. In these uncertain economic times, CalChamber believes the Governor has laid out a reasonable path forward, carefully balancing the need to invest in programs that support the state’s economy with prudent spending reductions that address the gap between revenues and expenditures.
“The Governor has made it clear that state officials should roll up their sleeves and prioritize all housing and critical infrastructure programs, such as water, by streamlining processes that will strengthen our economy and help us meet our climate goals.
“Entrepreneurs and consumers alike are focused on making California a more affordable place to live and work. Today’s budget announcement reflects those goals by carefully managing available resources and rejecting tax increases that would negatively impact the state’s economy.”
About CalChamber
The California Chamber of Commerce (CalChamber) is the largest broad-based business advocate to government in California. Membership represents one-quarter of the private sector jobs in California and includes firms of all sizes and companies from every industry within the state. Leveraging our front-line knowledge of laws and regulations, we provide products and services to help businesses comply with both federal and state law. CalChamber, a not-for-profit organization with roots dating to 1890, promotes international trade and investment in order to stimulate California’s economy and create jobs. Please visit our website at www.calchamber.com.
