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    What to know about Gov. Newsom’s plan to offset California’s $45 billion deficit

    by Taryn Luna, Mackenzie Mays and Anabel Sosa, Los Angeles Times May 10, 2024 4 minutes
    Gavin Newsom releases his 2024-25 budget proposal, a $291.5 billion plan to close a $37.86 billion budget shortfall, on Wednesday, Jan. 10, 2024.

    SACRAMENTO, Calif. — Faced with a $44.9 billion budget deficit, Gov. Gavin Newsom described a plan to shrink the size of state government and slow his progressive policy agenda by eliminating 10,000 vacant state jobs and pausing an expansion of subsidized childcare, among dozens of other cuts.

    Newsom’s revised $288 billion budget proposal, announced Friday, projected California’s deficit to be $7 billion more than the shortfall his administration projected in January. The grim forecast was driven by lower than expected state revenues, continuing a pendulum swing from the fiscal boom of the COVID-19 pandemic.

    “These are things we worked closely with the Legislature to advance,” Newsom said of the cuts. “None

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