Newsom called homelessness California’s calling in 2020. His budget still spends less than 0.5% on it
- Posted on June 12, 2026
- By Fortune
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- 1 min read
Newsom called homelessness California’s calling in 2020. His budget still spends less than 0.5% on it
A USC analysis of six years of California budget documents finds the state devoted 0.47% of its $321 billion general fund to homelessness in 2026.