The Golden State Outlook: Inside California’s 2023 Budget
Following a near-record budget surplus of $97.5 billion in 2022, California’s budget this year will be drastically different. Governor Newsom’s budget proposal projects a $22.5 billion deficit, and to balance the budget, he has called for cuts to transportation, climate change funding, and more.
How will the budget change in the coming months during negotiations between the Governor’s team and lawmakers?
On Wednesday, January 25, we will virtually host Joe Stephenshaw, Director of the California Department of Finance, Christine Aurre, Governor Newsom’s Deputy Legislative Secretary, and Marisa Lagos, KQED’s Correspondent for California Politics and Government, who will share their insights on what lies ahead and what impact a new budget will have for Silicon Valley’s innovation economy and California at-large. SVLG’s SVP of Government Relations, Voleck Taing, will moderate this exciting discussion.
We hope you can join us in this virtual space from 11:00 A.M. – 12:00 P.M. PST.
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Christine AurreGovernor Newsom’s Deputy Legislative Secretary
Joe StephenshawDirector, California Department of Finance
Marisa LagosCorrespondent for California Politics and Government, KQED
Voleck TaingSVP of Government Relations, SVLG