As revenues plummet, California budget cuts billions

Ashley Zavala reports

PAY CUT ACROSS THE BOARD.

FOXFORTY'S ASHLEY ZAVALA BREAKSDOWN THE GOVERNOR'S NEW BUDGETPROPOSAL.AS CALIFORNIA BRACES FOR ABILLION BUDGET DEFICITGOVERNOR GAVIN NEWSOM ISPREPARING FOR PAY CUTS ANDPLANNING TO THROW OUT SOMEPROPOSED PROGRAMS THESE ARE.NOT ORDINARY TIMES AND AS ACONSEQUENCE THIS WILL NOT BEAND ORDINARY BUDGETPRESENTATION GOVERNOR GAVINNEWSOME THURSDAY PRESENTED HISPROPOSED VERSION OF THE STATEBUDGET AXING $19 BILLION FROMHIS ORIGINAL SPENDING PLAN INJANUARY AS THE STATE'S ECONOMYSTRUGGLES AMID THE CORONAVIRUSNEWSOME ANTICIPATINGUNEMPLOYMENT COULD PEAK AT24.5% IN CALIFORNIA WITH A 22%DROP IN OVERALL STATE REVENUETHE BILLION BUDGET KEEP SOMEPROGRAMS LIKE BOOST THEMINIMUM WAGE AND MAINTAININGTHE STATE'S EARNED INCOME TAXCREDIT FOR WORKING FAMILIESALONG WITH CONTINUEDCOMMITMENTS TO HEALTH ANDPUBLIC SAFETY BUT THE GOVERNORPREPARED TO THROW OUT 6.1BILLION IN PROGRAM EXPANSIONSAND NEW PROPOSALS INCLUDINGEXTENDING STATE HEALTHINSURANCE TO UNDOCUMENTEDSENIORS.

THE GOVERNOR ALSOPROPOSING TO CUT STATE WORKERPAY BY 10% INCLUDING HEALTHCARE WORKERS AND PUBLIC SAFETYPERSONNEL.HIS OWN SALARY ALSOINCLUDED YOU WILL HEAR OF CUTSTHAT.NOT MAKE NONE OF US PROUD.BUT THE VALUES NONETHELESS WEARE HOLDING ON TO FOR NOW NEWSOME PLANS TO USE $16 BILLIONFROM CALIFORNIA'S EMERGENCYRAINY DAY FUND OVER THE NEXT 3YEARS THE GOVERNOR PLEADINGFOR HELP FROM THE PRESIDENTAND FEDERAL GOVERNMENT TO HELPDEAL WITH ABOUT A QUARTER OFCALIFORNIA'S POSSIBLE CUTSSTATE FINANCIAL EXPERTS SAYTHOSE FEDERAL DOLLARS WOULDNEED TO BE PROMISED BEFORE THEBUDGET GOES INTO EFFECT JULYFIRST PRESIDENT UNITED STATESWITH A STROKE OF A PEN.COULD PROVIDE SUPPORT FORSPEAKER PELOSI'S NEW HEROESACT.

AND THESE CUTS WOULD BEELIMINATED.THE GOVERNOR AND THE STATELEGISLATURE NOW HAVE ABOUT AMONTH TO COME TO AN AGREEMENT