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Home › Finance › Newsom called homelessness California’s calling in…
Finance

Newsom called homelessness California’s calling in 2020. His budget still spends less than 0.5% on it

Fortune Jun 12, 2026 3h ago ⏱ 1 min read 👁 2 views
Newsom called homelessness California’s calling in 2020. His budget still spends less than 0.5% on it
Image via Fortune
📋 Article Summary
38 words
A USC analysis of six years of California budget documents finds the state devoted 0.47% of its $321 billion general fund to homelessness in 2026. This story was reported by Fortune. For more Finance news in Kenya, stay tuned to Masaa.
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