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Bloomberg
Newsom’s Plan to Fill California Gap Ditches Pay-as-You-Go Plan
(Bloomberg) — California Governor Gavin Newsom’s plan to fill a $22.5 billion deficit, the first for the state since 2018, mostly involves pulling back on promises he made when the state was flush, including paying with cash for projects instead of bonds. Most Read from BloombergUS Safety Agency to Consider Ban on Gas Stoves Amid Health FearsRental Housing Is Suddenly Headed Toward a Hard LandingBrady, Gisele, Patriots’ Bob Kraft Among FTX Shareholders Facing WipeoutMicrosoft Considers $10 Bill
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