CA Gov. Gavin Newsom to announce his plan to cover a $25 billion deficit

California Gov. Gavin Newsom will make an announcement to address the state’s expected multibillion dollar deficit, a shortfall caused by inflation, new programs, and low tax revenues.

In September, Newsom publicly scolded lawmakers for sending him dozens of bills that, when added together, would have allowed billions in new spending. Newsom vetoed those bills, saying he has "made it crystal clear that we are seeing economic headwinds."

But he's been unusually quiet in the days leading up to his budget announcement. In years’ past, Newsom would often have news conferences to roll out some of his big new spending programs. But this year, all he has said is he plans to ask lawmakers for an additional $202 million to strengthen levees that protect the state’s cities from flooding — an issue at the forefront this week after multiple powerful storms have caused flooding across the state.