Broke, Burning, and Budgeted: California’s $321 Billion Balancing Act
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Broke, Burning, and Budgeted: California’s $321 Billion Balancing Act
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About this listen
🎧 Bonus Episode: Inside California’s $321 Billion Budget: What the 2025-26 Plan Means for You
Hook: Fires, federal shifts, and financial strain — California’s facing a massive shortfall. So how did they balance a $321 billion budget?
In this special episode of Plebonomics, we break down the 2025 Budget Act of California — no spreadsheets required. We explain what caused the shortfall, how lawmakers patched the gap, and what it means for everything from schools and healthcare to housing, climate, and public safety.
💰 Where the money’s going — and where it’s not
🏥 Big wins, hard cuts, and rejected proposals
🔥 The economic ripple of the LA fires and rising program costs
Whether you live in California or just want to understand how big-state budgets really work, this episode gives you a clear, Pleb-friendly look into one of the largest public budgets in the world.