The last time California faced a $35 billion money problem was in 2011, when then-Gov. Jerry Brown declared a "wall of debt" ...

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

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

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

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

This story was originally published by CalMatters. Sign up for their newsletters. In the four months since the Legislature and Gov. Gavin Newsom enacted a new state budget, revenues – primarily from ...

California’s governor wants to take credit for California’s climate wins on the biggest stage, but the facts show otherwise.

Why it matters: The hearing was ordered by U.S. District Judge David O. Carter, who has been overseeing a settlement in a ...

During its last floor session of the year, the Wisconsin Senate passed bills Tuesday that would eliminate the annual $325 ...

The city expects to see a $3,879,060 surplus at the close of fiscal year 2024-25, this after total revenues of $41,938,778 ...

Washington state’s paid leave program is facing a shortfall of $350 million after years of error-prone forecasting. Among the ...