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Following Governor Newsom’s proposed 2026-27 budget, the Budget Center team will provide an overview of significant proposals and address critical questions about our state’s fiscal future. In Newsom’s final year in office, the January budget proposal reflects his priorities and California’s response to the harsh realities of the sweeping Republican megabill H.R. 1, with significant implications for the legacy he leaves for Californians. Our budget experts will unpack what the proposal means for Californians, with a focus on: -The governor’s overall approach, including notable policy shifts and their potential impacts across the state -California’s response to the harm in H.R. 1 and other federal actions -How the proposal addresses — or fails to address — racial and economic inequities in our state -What’s missing and what actionable solutions policymakers can take to protect Californians Join us as we kick off a new budget season and dive into the tools, policies, and investments that can help shape a budget focused on equity and thriving communities for all.