CALIFORNIA HAS JUST ANNOUNCED THEIR 2026

CALIFORNIA HAS JUST ANNOUNCED THEIR 2026 2027 BUDGET INCLUDES A 40% INCREASE IN STATE SPENDING BRINGING THEIR TOTAL BUDGET FOR THE YEAR TO $351.7 BILLION MY CHANNEL FOR ANY LENGTH OF TIME I'M ABOUT TO ASK AND THAT'S WHAT PUBLICLY TRADED COMPANIES COULD BENEFIT FROM THIS I'M NOT A FINANCIAL ADVISOR BUT I HAVE HEARD THAT CALIFORNIA HAS THE FOURTH BIGGEST ECONOMY IN THE WORLD SO LET'S LOOK AND SEE WHAT THEY'RE SPENDING ALL THAT MONEY ON 900 MILLION IS GOING TO THEIR HOMELESS ASSISTANCE PROGRAM H.A.P. WHICH PROVIDES CAPITAL GRANTS AND PLANS TO CITIES COUNTIES AND ORGANIZATIONS TO TACKLE HOMELESSNESS WITHIN THE STATE ON LOW INCOME HOUSING TAX CREDITS 200 MILLION ON MULTIFAMILY HOUSING AN ADDITIONAL HUNDRED MILLION ON DISASTER REBUILDING ALL THOSE PROGRAMS COMBINED MADE ABOUT $1.5 BILLION IMPOSSIBLE FUNDING FOR THINK COMPANIES LIKE ENGINEERING FIRMS CONSTRUCTION COMPANIES HOUSING DEVELOPERS AND INFRASTRUCTURE CONTRACTORS TRYING TO MAKE PERMITTING EASIER AND FAST TRACK ADDITIONAL DEVELOPMENT THE STATE IS ALSO FUNDING THIS ABSOLUTELY ENORMOUS 1.25 BILLION DOLLAR PACKAGE FOR FIRE SUPPRESSION THE MONEY WILL LIKELY GO TOWARDS EQUIPMENT MANUFACTURERS COMMUNICATIONS AND FORESTRY CONTRACTORS TO PREVENT WILDFIRES AND PROTECT AREAS WHEN THEY ARE AFFECTED ANY CAL IS ALSO GETTING AN INFLUX OF FUNDING TO COVER ADDITIONAL IT AND ADMINISTRATIVE COSTS THAT'S PRETTY NORMAL MOST OF THESE STATES AND FEDERAL GOVERNMENTS OUTSOURCE THOSE TYPE OF PROGRAMS KEEP IN MIND NO ONE HAS ANY ACTUAL FUNDING YET ONLY TAKE A GUESS AT THIS STAGE WHICH COMPANIES RECEIVE CONTRACTS BASED ON WHO'S STATE IN THESE AREAS BEFORE YOU SHOULD DO YOUR OWN RESEARCH BEFORE BUYING ANYTHING AND NOT JUST RELY ON SOME RANDOM INTERNET OR EVEN PACIFIC TIME ZONE MORE