California Implements Spending Freeze and Suspends Leave Buyback Program Amid $68 Billion Deficit
In response to a projected $68 billion deficit, the Legislative Analyst’s Office and the Department of Finance, led by Governor Gavin Newsom, have issued a budget letter calling for financial restraint. The freeze encompasses various spending categories, such as fleet cars, office supplies, printer replacements, and non-essential travel. The directive emphasizes the necessity for state … Read more