California lawmakers on Monday passed a $300 billion operating budget over the objections of Democratic Gov. Gavin Newsom, highlighting disagreements among Democrats about how to spend a record-breaking surplus.
SACRAMENTO — California lawmakers on Monday passed a $300 billion operating budget over the objections of Democratic Gov. Gavin Newsom, highlighting disagreements among Democrats about how to spend a record-breaking surplus that, by itself, is more than most other states spend in a year.
The Democratic-controlled Legislature wants to spend more money than Newsom does on education and housing. Lawmakers' plan would cover the college tuition for 150,000 more students than Newsom would. Lawmakers say they can afford to do those things because California's revenues have soared throughout the pandemic as the rich have gotten richer and pay a higher percentage of their income in taxes compared to other states. This year, California's surplus — money left over once the state has fulfilled its existing commitments — is more than $97 billion.
"We're concerned the Legislature's budget commits an unsustainable amount to ongoing expenditures," said Erika Li, chief deputy of budgets at the California Department of Finance, the state agency that develops Newsom's budget proposal."In the near future there will be a need to scale back or potentially even cut other programs."
But Newsom's plan has its own problems. It would leave the state about $25 billion over a constitutional limit on spending over the next two years, a situation the nonpartisan Legislative Analyst's Office says could push the state over a"fiscal cliff" that could force budget cuts even if state revenues continue to grow.
Newsom wants to send checks of up to $800 to everyone who has a car registered in the state. The Legislature wants to send $200 checks to people who have taxable income below a certain level — $125,000 for single people and $250,000 for couples.
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