Connect with us

Hi, what are you looking for?

OMD NewsOMD News

Finance

California’s $8.8 Billion Budget Showdown: Teachers Union Launches Ad Campaign Against Newsom’s Plan – Warning of $12 Billion in Future Cuts!

California’s teachers union is opposing Governor Newsom’s budget plan saying it will hurt future school funding even though Newsom wants to avoid immediate cuts and layoffs by spreading costs over time.

California Teachers Union Opposes Newsom’s Budget Plan – Citing Future Funding Concerns

According to the published article of ABC 7, California‘s largest teachers union is fighting Governor Gavin Newsom’s budget plan saying it will hurt school funding. Newsom’s plan aims to protect schools from $8.8 billion in immediate cuts using a complex accounting method. However, David Goldberg president of the California Teachers Association argues this will cost school districts nearly $12 billion in the future. The teachers union which represents 310,000 educators plans to start an advertising campaign to highlight this issue and may file a lawsuit if needed.

This dispute is a big challenge for Newsom who has avoided major conflicts during past budget crises. Last year, he managed a budget shortfall by borrowing and delaying spending without cutting programs. But the current deficit, which could be as high as $55 billion has increased pressure on him. Newsom‘s plan involves not counting the $8.8 billion already spent by schools in this year’s budget but instead spreading the cost over future budgets starting in 2025-26. Critics say this is a bad idea that will make future deficits worse and require tougher decisions later.

READ ALSO: 24 Pennsylvania State House Democrats Unite To Save Children’s Healthcare: 20,000+ Young Patients At Risk Of Losing Access To Children’s Hospital Of Philadelphia (CHOP)’S Specialized Care

California’s $8.8 Billion Budget Showdown: Teachers Union Launches Ad Campaign Against Newsom’s Plan – Warning of $12 Billion in Future Cuts! (PHOTO: ABC7)

Newsom Defends Budget Plan Amid Criticism of  Teachers Union – Stresses Long-Term Education Investment

Furthermore, despite the criticism Newsom insists his plan is the best way to avoid immediate cuts and prevent layoffs in schools. He believes spreading the cost over future budgets will help keep previous investments in education. The debate focuses on Proposition 98 the formula that decides school funding which was impacted by lower tax revenues last year. Newsom’s administration says adjusting the funding retroactively is necessary while opponents see it as an attempt to reduce future school funding guarantees.

READ ALSO: 2023 Social Security Retirement Fund Faces Collapse Despite Rosy Media Picture – Disability Insurance Trust Fund

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Finance

There is finally an update on 4th stimulus check for Social Security Recipients! Individuals who receive Social Security benefits can expect to receive a...

Military

The attack using 14 military choppers that Russian President Vladimir Putin planned was destroyed by Ukraine using US-supplied long-range tactical missiles. Russian President Vladimir...

Finance

The Biden administration has announced recently that it plans to increase the monthly payments of seniors and veterans to $2,000. $2,000 in Monthly Payments...

Finance

In Texas, this September the SNAP payments will end, worth up to $1,691, on Friday. The household income determines eligibility. A single-person household must earn more than...