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California Gov. Gavin Newsom has proposed a $322 billion budget without a deficit, a welcome change after two years of significant budget shortfalls in the nation's most populous state. About a ...
California is facing a record $68 billion budget deficit, state officials announced Thursday, forcing hard choices for Democratic Gov. Gavin Newsom in his final term as he works to build his ...
Newsom is referring to the shortfall as $27.6 billion in 2024-25, but California is making cuts and reductions to solve a total budget deficit of $44.9 billion this year. Read more: Newsom called ...
California Gov. Gavin Newsom on Saturday officially signed the 2024 budget, closing a roughly $47 billion deficit for the state. Newsom’s signature was expected as he and Democratic lawmakers ...
California has a huge budget problem that could force thorny decisions from Democratic leaders who enjoyed a more than $100 billion surplus just three years ago. Democratic Gov. Gavin Newsom on ...
The tug-of-war between California Gov. Gavin Newsom and the nonpartisan Legislative Analyst’s Office over the state’s projected budget deficit took a new turn Tuesday, when the LAO announced a ...
Gov. Gavin Newsom releases his revised $288 billion budget proposal to address a $28 billion deficit on Friday, May 10, 2024.
Tax collection woes and migration have been a big problem.