Newsom, California Legislature reach $351.7 billion budget deal
- Posted on June 27, 2026
- By Los Angeles Times
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- 1 min read
Newsom, California Legislature reach $351.7 billion budget deal
The agreement ends weeks of lobbying by outside interests and negotiations among Democrats in the California Legislature and Gov. Gavin Newsom about how to handle a surge of income tax collected on stock market gains related to artificial intelligence.
