Gavin Newsom Proposes Record $300 Billion Budget for State of California with Money for Tax Refunds | Regional News

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SACRAMENTO — California Governor Gavin Newsom on Friday released a $300.6 billion spending plan that would fund tax refunds, abortion care, bonuses for healthcare workers and more, fueled by a $97.5 billion surplus.

The ample budget largely reflects a continued increase in tax revenue driven by income gains from high-income households.

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