Newsom budget bets on good times lasting
SACRAMENTO, Calif. - Gov. Gavin Newsom will unveil a lengthy blueprint for California government spending on Thursday, with promised money for health care, low-income housing and education riding on whether he sees boom or bust times on the horizon.
State officials use that economic forecast to calculate expected tax revenues. It is also a key component in gauging the size of what's believed to be a substantial windfall - as much as $15 billion in unexpected discretionary revenues through next
