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Event Brief

Newsom unveils final California budget with no deficit

Gov. Gavin Newsom released his final budget proposal for California, saying it would have no deficit.
WHO: Gov. Gavin Newsom
WHAT: Unveiled his final California budget proposal with no deficit and new major spending
WHEN: May 14, 2026 at 2:14 PM ET
WHERE: California
WHY: He unveiled his final budget proposal.

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