CalMatters: Gavin Newsom’s new budget is already leaking red ink as revenues fall behindCalMatter:

By Dan Walters
^{cover photo: Gov. Gavin Newsom addresses the media during a press conference unveiling his 2024-25 January budget proposal at the Secretary of State Auditorium in Sacramento on Jan. 10, 2024. Photo by Miguel Gutierrez Jr., CalMatters Credit: Miguel Gutierrez Jr.}

While Gov. Gavin Newsom gallivants around the country as a campaign surrogate for President Joe Biden – and to burnish his own national image – the state budget he proposed just…