Newsom mandates $25 min wage, CA budget shortfall up 29%

Misleading headline. It's signed legislation, not executive fiat, and it only applies to workers in the medical industry.

Budget shortfalls are an orthogonal issue; probably related to dislocation caused by the end of federal pandemic relief. California has run large budget surpluses in recent years.

https://calmatters.org/commentary/2023/10/california-budget-...