SACRAMENTO, Calif. — California Gov. Gavin Newsom released details Wednesday of a new $291 billion state spending plan for the 2024-25 budget year that accounts for an estimated $37.9 billion deficit. Newsom, a Democrat, proposed covering the shortfall by tapping $13 billion from reserves, trimming $8.5 billion from programs, deferring some spending to the future … Read more
SANTA FE, N.M. — Leading New Mexico lawmakers on Friday recommended a 5.9% increase in general fund spending for the coming fiscal year amid a windfall in oil-related income, while also sounding a cautionary note on the future of the state’s petroleum bonanza and setting aside more money in savings and investment accounts. The proposal … Read more
OMAHA, Neb. — Nebraska’s Republican governor on Friday reiterated his rejection of $18 million in federal funding to help feed children who might otherwise go hungry while school is out. Nebraska will not participate in the 2024 Summer Electronic Benefits Transfer for Children — or Summer EBT — program, Gov. Jim Pillen said in a … Read more
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