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Gov. Newsom submits revised budget plan with huge surplus : By Katy Murphy and John Woolfolk SACRAMENTO — California is in the money, thanks to a flurry of tech IPOs expected to raise some $700 million in new tax revenue. But underlying the rosy state budget plan with a record $21.5 billion surplus that Gov. Gavin Newsom unveiled Thursday glares a sobering paradox: Many of […] Full Article
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