Newsom’s Proposed Budget Cuts and Delays Spending on Key Climate Programs
First step in budget process proposes a combination of spending cuts and delays to climate programs to help close the state’s budget deficit.
Governor Gavin Newsom released his proposed 2024-2025 budget, which includes significant reductions in spending for climate and clean transportation programs. The proposed $291.5 billion budget, released on January 10, aims to reduce the state’s $37.9 billion deficit by using the state’s reserve fund as well as cutting and delaying spending. This includ…