California governor proposes $322B budget with no deficit

California Gov. Gavin Newsom has proposed a $322 billion budget without a deficit, which is a positive change after two years of budget shortfalls in the state. The budget is mostly a placeholder as California awaits potential cuts in federal funding from incoming President Donald Trump. According to the Associated Press, California and Washington D.C. could go head-to-head over various issues including climate policy and immigrant rights.
About a third of California’s budget depends on federal funding, including health care services. The budget allows the state to fully implement the first universal transitional kindergarten program for 400,000 4-year-olds in California.