Posts Tagged: $300 billion

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Historic state budget blueprint faces crucial hurdles

Gov. Gavin Newsom at a San Francisco event. (Photo: Jana Asenbrennerova, via Shutterstock)

Gov. Gavin Newsom is proposing a multi-billion-dollar package of monetary goodies for Californians, but how much of it will become reality is now up to legislators. The clock ticks: Lawmakers have less than a month to approve the 2022-23 budget, an unprecedented, nearly $300 billion document, and send it to Gov. Gavin Newsom.

News

Lawmakers okay $2.7 billion for zero-emission vehicles

An electric vehicle getting power at a street charging station. (Photo: guteksk7, via Shuttertstock)

California lawmakers have approved a dramatic expansion of the state’s commitments to all-electric vehicles, with the goal of ultimately increasing the number of electric and zero-emission cars on the road. The $2.7 billion piece of the 2021-22 state budget was sent to the Gov. Gavin Newsom’s desk on June 28. Newsom has not yet acted on it.

News

Steve Poizner seeks old job, drops GOP label

Photo of candidate Steve Poizner from his official website

The first person to hold statewide office in California without aligning with a political party could be Steve Poizner. He is vying for the seat left open by Dave Jones, who is running for state attorney general. Poizner’s main opponents are Democrats Sen. Ricardo Lara and physician Asif Mahmood. The Department of Insurance has more than 1,300 employees and a $250 million budget. It oversees the state’s $300 billion insurance market, the largest in the country.

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