The cuts form part of Newsom's proposed $6 billion reduction in the state's climate change programs due to a projected $22.5 billion statewide deficit. However, critics, including lawmakers and environmentalists, argue that the proposed cuts could have far-reaching implications and jeopardize efforts to address climate change.
According to a report by the Legislative Analyst's Office, more than $20 billion worth of California property could be at risk or underwater by 2050 without adequate planning and funding. The proposed budget is not final, and revisions are due in May. Source: CalMatters
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