Tag: 2023 Budget
Governor Signs Infrastructure Streamlining, Budget Bills
Yesterday afternoon, Governor Gavin Newsom signed into law a slate of bills to accelerate critical infrastructure projects across California that upgrade the electric grid,...
California’s New Budget Covers $32 Billion Deficit Without Touching Reserves
California Gov. Gavin Newsom and the Democrats who control the state Legislature agreed late Monday on how to spend $310.8 billion over the next...
Transit, Child Care Are Among The Sticking Points In California’s $300 Billion Budget Negotiations
California lawmakers passed a budget Thursday to ensure they keep getting paid, but it’s a blueprint unlikely to become law because the Democrat-controlled Legislature...
CalChamber Issues Statement on May Revision to the Budget
California Chamber of Commerce President and CEO Jennifer Barrera issued the following statement regarding Governor Gavin Newsom’s May Budget Revise:
“We thank Governor Newsom for...
Budget: CalChamber Supports CalCompetes Tax Credit
The California Chamber of Commerce is supporting the Governor’s budget proposal to provide $120 million to fund a third year of the California Competes...
Governor’s Budget Plans for Uncertain Economy
Governor Gavin Newsom presented a balanced budget with no new general tax increases. He identified a $22.5 billion “shortfall” between previously expected revenues and...
CalChamber Issues Statement on Governor’s Budget Proposal
California Chamber of Commerce President and CEO Jennifer Barrera today issued the following comments in response to the Governor's budget proposal:
"Today, Governor Newsom’s budget...