Why California's Budget Could Mean Higher Taxes for Everyone
The Center Square YT
•June 17th, 2026
DESCRIPTION
California lawmakers advanced a $355.9 billion state budget while analysts warn the state still faces a multi-year structural deficit. The spending plan includes reserve funding, housing assistance, childcare programs, support for public hospitals and delayed healthcare cuts, all while lawmakers debate whether future tax increases will be needed to sustain the state's spending trajectory.
Beyond California, Pennsylvania lawmakers are racing against another budget deadline after last year's 135-day impasse disrupted payments and services across the state. Illinois has also approved its largest state budget in history, drawing criticism over whether taxpayers are receiving meaningful relief.
In this report:
• California's $355.9 billion budget breakdown
• The state's projected $17 billion deficit
• Proposed tax increases and spending priorities
• Gavin Newsom's investigation allegations
• Pennsylvania's budget deadline concerns
• Illinois signs a record $55 billion budget
How do these spending decisions affect taxpayers? Watch now and decide for yourself.
Subscribe for more coverage on economics, public policy, government spending and the issues impacting taxpayers across America.
#California #Taxpayers #Budget #Newsom
Never miss a video from The Center Square YT
Subscribe to get notified when new content drops.