Gov. Newsom likely to announce bigger deficit than the $22.5B given in January

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Gov. Newsom likely to announce bigger deficit than the $22.5B given in January
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Gov. Gavin Newsom on Friday is expected to announce an even bigger budget deficit than the $22.5 billion hole that he confronted in January, reflecting an economy burdened by a sagging stock market and disrupted by a series of powerful winter storms that delayed billions of dollars in tax payments.

On Thursday, Newsom announced that he was restoring money previously cut from flood protection projects, plus introducing another $250 million in new spending, which includes raising a levee to protect the Central Valley community of Corcoran.

That angered some Democratic lawmakers, who said the reason the state was having trouble filling its child care slots is because there aren’t enough child care workers. On Monday, Democrats in the Assembly proposed $1 billion in new spending to increase the pay of child care workers.

— intense storms that bring heavy rain and snow. The storms caused so much damage throughout the state that officials decided to give people more time to pay their taxes — extending the deadline from April to October.

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