California Governor Gavin Newsom's fiscal year 2025-2026 budget faces a $12 billion shortfall due to market fluctuations and rising Medi-Cal enrollments among undocumented immigrants. In response, Newsom proposed maintaining substantial spending levels while considering measures like pausing Medi-Cal extensions for undocumented adults and introducing monthly premiums. With the Legislature needing to approve a balanced budget by June 15, Newsom highlighted the challenges of long-term planning amidst uncertainty and the necessity of a careful approach to fiscal constraints.
Governor Gavin Newsom emphasized the challenge of planning California's budget amid significant market volatility and unexpected costs in Medi-Cal, laying out a $226.4 billion proposal.
Newsom proposed to pause Medi-Cal expansion for new adults without legal status and introduce premiums to balance the budget, while stressing the need for inclusivity.
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