California governor, lawmakers agree how to close deficit

California will make up its estimated $54.3 billion budget deficit in part by delaying payments to public schools and imposing pay cuts on state workers, according to an agreement announced Monday by Gov. Gavin Newsom and legislative leaders. The agreement avoids billions of dollars in permanent cuts to public schools and health care programs, including proposals from Newsom that would have made fewer low-income older adults eligible for government funded health insurance and would have eliminated programs aimed at keeping people out of nursing homes where the coronavirus has spread with deadly consequences. Get the full story in the video above.