Gavin Newsom Confronted at Press Conference About Missing $24 Billion

By Bo Beard | May 17, 2024

Budget deficit

During a press conference, California Governor Gavin Newsom faced scrutiny regarding the state's expenditure of $24 billion to address homelessness. 
 

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Newsom, in a conference on Friday, disclosed that California is facing a budget deficit of at least $45 billion and proposed various cuts to state worker jobs, education programs, and healthcare services.
 

Proposed measures

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As part of the proposed measures, Newsom suggested reducing funding for homelessness and housing initiatives by almost $1.2 billion, with $474 million being taken from an anti-foreclosure program aimed at preserving affordable housing.