Sunday, June 23, 2024

Budget Breakers

California chooses what not to spend on:
The Sacramento Bee reported: The budget agreement California Gov. Gavin Newsom and Democratic leaders announced Saturday sets aside $12 million to help the state implement a series of reparations-related bills lawmakers hope will pass this year. … For [Democratic Assemblywoman Lori Wilson, the chair of the Legislative Black Caucus], it was exactly what Black lawmakers asked for, she said. But it also comes in a year when the state was facing an almost $47 billion shortfall. … The money would help support proposals endorsed by the caucus, including having the state apologize for inflicting harm on Black Californians and allowing slavery to occur in the state. CalMatters.org reported Saturday on the budget deal, which combines spending cuts and withdrawals from the state’s “rainy day” fund to overcome the shortfall (which CalMatters says is even higher, at $56 billion): The $297.9 billion spending plan, announced this morning by Gov. Gavin Newsom, Senate President Pro Tem Mike McGuire and Assembly Speaker Robert Rivas, also relies on reserves and pauses some business tax credits to address a remaining revenue gap estimated at $56 billion over the next two years. … The plan makes $16 billion in cuts, including a blanket 7.95% reduction in funding for nearly all state departments and the elimination of thousands of vacant positions, which are collectively expected to save nearly $3.7 billion. The Department of Corrections and Rehabilitation will take an additional $385 million cut at the urging of progressive lawmakers, far higher than what Newsom had originally sought for the shrinking prison system. Other major reductions include $1.1 billion from various affordable housing programs, $746 billion for health care workforce development and $500 million to build student housing. A scholarship program for middle-class college students will lose $110 million annually, about a fifth of what the governor had originally sought to cut. The push for reparations began in 2020, at the height of the Black Lives Matter movement, at both the state and local levels, in left-wing cities like San Francisco. Proponents began recommending massive cash transfers, leading Newsom to back away cautiously from cash payments as a form of reparations.
Until he decided to leave them in...

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