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FILE - California Gov. Gavin Newsom speaks during a news conference, Thursday, May 25, 2023, in Richmond, California. Newsom and state legislative leaders have reached an agreement late Monday, June 26, 2023, on how to spend the state's tax dollars over the next year. The agreement announced late Monday would spend about $311 billion. (AP Photo/Adam Beam, File)

FILE - California Gov. Gavin Newsom speaks during a news conference, Thursday, May 25, 2023, in Richmond, California. Newsom and state legislative leaders have reached an agreement late Monday, June 26, 2023, on how to spend the state's tax dollars over the next year. The agreement announced late Monday would spend about $311 billion. (AP Photo/Adam Beam, File)

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