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Statement on Governor Newsom’s 2024-25 May Revision

Following the release of Governor Newsom’s revised budget proposal released this morning, the California Budget & Policy Center (Budget Center), a nonpartisan research and analysis nonprofit, weighed in with the following statement from its executive director, Chris Hoene.

California Budget

Meet the Expert: Alissa Anderson

The Budget Center communications team chatted with Alissa Anderson (she/her), Senior Policy Fellow at the Budget Center, who conducts research to support policies that create a more equitable economy where all Californians share in the state’s prosperity.

First Look: Understanding the Governor’s 2024-25 State Budget Proposal

Governor Gavin Newsom released his proposed 2024-25 California state budget on January 10, projecting a $38 billion shortfall that is notably smaller than the independent Legislative Analyst Office’s estimate of $68 billion released last month.

California Budget

Statement on Governor Newsom’s Proposed 2024-25 Budget

SACRAMENTO, CA — On the heels of Governor Newsom’s 2024-25 budget proposal released this morning, the California Budget & Policy Center (Budget Center), a nonpartisan research and analysis nonprofit, weighed in with the following statement from its executive director, Chris Hoene. “In good times and in bad, all Californians deserve the dignity and support necessary …

California Budget

Poverty is Rising in California: What Can Policymakers Do?

The end of the pandemic-era investments in the Child Tax Credit and other policies that help families make ends meet led to a huge increase in poverty in 2022 in California.

Poverty & Inequality

Less Than 2% of State Tax Breaks Go to Californians with Low Incomes

California's refundable tax credits for low-income residents make up a small fraction — less than 2% — of the state's nearly $80 billion of tax breaks, which disproportionately benefit profitable corporations and the wealthy.

Taxes & Revenue

The 2023-24 California State Budget Explained

Policymakers avoided major cuts to critical services in the 2023-24 California state budget, but additional revenues are needed to make meaningful investments for Californians in the future.

California Budget

First Look: Understanding the Governor’s 2023-24 May Revision

Governor Gavin Newsom released the May Revision to his proposed 2023-24 California state budget on May 12, projecting a $31.5 billion shortfall, up from a projected $22.5 billion shortfall in January.

California Budget