đź’¨ Abstract
California Governor Gavin Newsom proposed a $322 billion budget to address a $12 billion shortfall caused by economic policies, stock market volatility, and reduced tourism. Key elements include scaling back Medicaid coverage for undocumented immigrants, eliminating coverage for certain weight loss drugs, delaying loan repayment to Medicaid providers, and capping overtime for in-home care workers. Funds from the cap-and-trade program will be allocated to fire response and high-speed rail projects.
Courtesy: wtop.com
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