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Wednesday, May 22, 2024

Gov. Newsom, Legislative Analyst now mostly agree on estimated budget shortfall

After months of having two totally different projections, Gov. Gavin Newsom and the non-partisan Legislative Analyst's Office seem to be on the same page about the size of the state's budget shortfall.

Earlier this year, the governor estimated the figure at $38 billion, while the LAO stated it could reach up to $73 billion.
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