News

The much-revised 2024-25 state budget that Gov. Gavin Newsom released last week contains hundreds of spending reductions and other actions to close what he says is a $44.9 billion deficit. Exactly ...
Were a private corporation to cook its books like the state government does, its executives could wind up in jail for fraud.
But there are ways to turn painful realities to California’s advantage. Contributor: California’s budget surplus has vanished and its economy is in danger. It can go one of two ways - Los ...
California Gov. Gavin Newsom (D) revealed a $22.5 billion deficit as he unveiled his preliminary budget proposal for the state on Tuesday — a dramatic reversal from a massive $100 billion ...
California will likely have a $25 billion budget deficit next year, ending a run of historic surpluses. (AP) In May, Gov. Gavin Newsom announced the state was entering the 2022-23 fiscal year with ...
SACRAMENTO — California’s state budget has been awash in cash, as lawmakers this year enjoyed a $97.5 billion budget surplus — an excess amount that’s larger than the entire general-fund ...
Two years ago, California was so flush that Gov. Gavin Newsom was moved to make a bold declaration about the state’s estimated $100 billion budget surplus. “Simply without precedent,” the ...
In California, Gov. Gavin Newsom is looking for ways to patch a $23 billion deficit. Meanwhile, in Texas, Gov. Greg Abbott is thinking up ways to spend a $33 billion surplus.
The much-revised 2024-25 state budget that Gov. Gavin Newsom released last week contains hundreds of spending reductions and other actions to close what he says is a $44.9 billion deficit.