Governors May Revise 2025. Even if the dol regulations survive that litigation, the incoming trump administration may direct the dol to rescind the rules and issue new regulations consistent with comparable. The governor’s revised budget proposal closes both this year’s remaining $27.6 billion budget shortfall and next year’s projected $28.4 billion.
In this brief, we provide a summary of and comments on the governor’s revised budget, focusing on the overall condition and structure of the state. This annual proposed revised budget is referred to as the may revision.