California's expected $12-billion budget deficit for 2025-26, exacerbated by overspending and President Trump's tariff policy, adds to a troubling financial landscape. Governor Gavin Newsom revealed a revised $321.9 billion spending plan that proposes several cutbacks, including actions against the stateâs free healthcare initiative for low-income undocumented immigrants. With a total shortfall reaching $39 billion, this situation marks the third consecutive year of budget reductions amid fiscal constraints and overspending by state lawmakers.
California is under assault. The United States of America, in many respects, is under assault because we have a president that's been reckless.
This marks the third year in a row that Newsom and lawmakers have been forced to trim back their overspending.
The shortfall comes in addition to $27.3 billion in remedies Democrats previously agreed to adopt to cover an initial deficit in the upcoming year.
The overall $39-billion shortfall marks the third year in a row that Newsom and lawmakers have been forced to reduce funding for state programs after dedicating more money than California has available to spend.
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