California Approves $355B Budget Amid Cuts and Controversy

California just approved a $355.9 billion budget, with $253 billion from the general fund and $36.5 billion reserved for future needs. Key wins include delaying Medi-Cal cuts for undocumented immigrants until 2027, offering $190 million in forgivable hospital loans, and $250 million for public hospitals. The budget also maintains current childcare slots and adds 22,770 new ones, plus more funding for affordable housing and homelessness programs. But Republicans criticized it as unsustainable, arguing it assumes tax hikes without proper cost analysis. The plan now heads to the Assembly, even as the state grapples with a looming deficit and explores new revenue sources like business credit limits and taxes. Support the show:Get a discount at https://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/5f833295b460e7d2