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.
CalChamber
CalChamber
The California Chamber of Commerce is the largest, broad-based business advocate to government in California, working at the state and federal levels to influence government actions affecting all California business. As a not-for-profit, we leverage our front-line knowledge of laws and regulations to provide affordable and easy-to-use compliance products and services.

Related Articles

CalChamber Board Announces Positions on November Ballot Measures

The California Chamber of Commerce Board of Directors last week released a comprehensive list of positions on measures appearing on the Nov. 3, 2026 statewide ballot. While many of the positions were taken at the...

Budget Writers: AB 1776 Will Worsen State Deficit

Two new estimates — including one from the California Department of Finance — affirm what experts have been saying for months: legislation to rewrite the state’s robust antitrust law would wreak havoc on the...