Newsom’s final budget: California’s fiscal house of cards

Opinion Newsom’s final budget: California’s fiscal house of cards By Jon Fleischman Published June 30, 2026, 4:40 p.m. ET (function() { var overlay = document.getElementById("jw-player-lcp-overlay"); if (!overlay) { return; } function hideOverlay() { overlay.remove(); } function afterDCL() { requestAnimationFrame(hideOverlay); } if (document.readyState === "loading") { document.addEventListener("DOMContentLoaded", afterDCL, { once: true }); } else { afterDCL(); } })(); See more of our coverage in your search results. Add The California Post on Google This week, Democratic legislators approved a state budget — Gavin Newsom’s last as governor. When Newsom took office in 2019, California’s budget totaled approximately $209 billion.

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