Newsom's Balanced Budget: No Cuts, No Hikes

California Governor Gavin Newsom unveils a $350 billion budget, avoiding deficits and protecting progressive programs. Revenues surge by $16.5 billion, eliminating shortfalls and reducing future ones. Newsom allocates funds for health subsidies, teacher training, and wildfire recovery, while rejecting corporate tax hikes and a billionaire tax measure. Negotiations begin with lawmakers, and the state prepares for potential federal cuts and AI IPOs. 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/86a23bb0a7564ced