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Transcripts For KGO ABC7 News 500PM 20240713

Work. Just since january state revenue has seen become declines in tax. That has created a deficit of 54 billion. The numbers are just staggering. Good evening and thank you for joining us. Some of the biggest cuts are in healthcare and education. School spending is the largest category in the states general fund. Lets get more from News Reporter breaking it down for us. The governor is proposing cuts including a 10 salary cut for state employees as well as pulling back new programs. Saying if President Trump signs the heros act certain cuts would be immediately halted. We are at the time that is simply unprecedented. Governor announcing his plan to balance a 54 billion deficit in light of the covid19. The numbers have certainly changed. Our values remain. Nocore values. Public education, public health, Public Safety and those hit hardest by covid19. Existing reserving, funds and referrals and tax credits will close the gap. California will pull back new programs. The remaining 26 solu

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