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California is still in the red with another big budget deficit projected for next year

California’s independent legislative analyst is warning that the state faces a nearly $18 billion deficit. It is “critical” ...

California sees revenue uptick, but not enough to erase its chronic budget deficit

State revenue is several billion dollars more than expected, but that cash must pay for schools and go into reserves. The ...

California faces almost $18B budget gap as spending outpaces revenue

CALIFORNIA, USA — California is bracing for a nearly $18 billion budget deficit next year, according to a new projection from ...

California faces $18 billion budget shortfall next year, state's Legislative Analyst says

California lawmakers and the governor will need to prepare for an $18 billion budget deficit next year, state Legislative ...

California faces $18 billion deficit, fourth consecutive ‘budget problem’

AI “exuberance” has led to higher-than-anticipated income tax collections, but budget experts warn that growth is unsustainable.
Times of San Diego

Opinion: Chronic deficits loom as Newsom prepares his last state budget

This column was originally published by CalMatters. Sign up for their newsletters. It seems like just yesterday that Gov. Gavin Newsom and state legislators enacted a state budget that papered over a ...