Newsom’s 2025 Budget: Safeguarding Essential Services for Black Communities in the May Revise

On May 14, Governor Gavin Newsom unveiled his revised budget proposal for 2025-26, amounting to $321.9 billion. This initiative addresses a looming $11.9 billion deficit while safeguarding essential investments in education, healthcare, and behavioral health. Newsom highlighted California’s remarkable position as the world's fourth-largest economy, emphasizing leadership in manufacturing and innovation. He attributed the economic struggles to federal policies, deeming the situation the "Trump Slump." This budget incorporates $5 billion in cuts and creative financial maneuvers without introducing new state taxes, though reserves are expected to reach $15.7 billion. Significant Medi-Cal reductions affect low-income Californians, while education funding is prioritized. Although new reparations-related funding remains absent, $12 million is allocated for existing laws. Legislative leaders express divided sentiments as negotiations progress.