California Slash Expenditure: New Budget Returns to deal with $ 12 billion deficit – GOP said

California governor Gavin Newsom signed a budget of $ 321 billion on Friday, withdrawing several progressive initiatives, including a major health care expansion for low -income unspecified immigrants, to bridge a 12 billion dollar budget deficit.This is the third consecutive year that the US’s most populous state has been forced to cut or delay programs supported by Democratic leaders amid a decline in revenue and economic uncertainty. The budget was passed by MPs on the first day of the day after consensus between Newsom and Vidhan Democrats.However, the budget agreement may be zero if MPs fail to pass the respective housing law by Monday. The purpose of that bill is easy to construct housing across the state.Despite the cuts, state leaders say the budget protects important security pure programs. The deficit will be managed mainly rather than introducing new taxes through the use of state reserves, internal borrowings from special funds, and delayed payment.“This is balanced, it maintains enough reserves, and it focuses on supporting the California residents,” Newsom said in a statement.Possible federal policy changes in the state also face risk, including tariffs and immigration enforcement, which can cut state revenue up to $ 16 billion, Warning in May by Newsom.Senate President Prof. Tempor Mike McGire accepted the difficult decisions involved in finalizing the budget. “We are not going to please all, but we are doing everyday without any new taxes on California,” he said.Republican MPs criticized the budget process, saying that they were excluded from negotiations and the plan fails to address long -term fiscal stability.Republican Senator Tony Strikeland said, “We are increasing the borrowings, we are moving away from the funds on the rainy day, and we are not reducing our expenses.” “This budget does nothing about the power in California.”