Saturday, February 4, 2023

Governor’s Cabinet Secretary Comments on Shortfall-to-Surplus Budget

Ana Matosantos, Cabinet Secretary in the Office of Governor Gavin Newsom and director of the state Department of Finance in the administrations of both Governor Edmund G. Brown Jr. and Governor Arnold Schwarzenegger, commented on the “remarkable swing” in the state’s budget outlook in a question-and-answer session at the virtual meeting of the CalChamber Board of Directors on May 13. In putting together the budget, she said, the administrations have worked to address priorities “within the means that we have available at different points in time.” A lot of the focus and investment of the current administration is on how to make sure “that we expand opportunity, not contract it,” she said.
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