Newsom’s $349B budget projects a $2.9B deficit boosts education and braces for future shortfalls amid federal funding cuts.
California Gov. Gavin Newsom left the unenviable task of detailing a budget that has an estimated $3 billion shortfall — and ...
Buoyed by $17 billion more in revenue than previously planned, the state would have a modest surplus of $363 million for ...
The Newsom administration once overstated income by $165 billion over four years. Now Newsom has announced $42 billion in new ...
The Newsom administration once overstated income by $165 billion over four years. Now Newsom has announced $42 billion in new ...
California's deficit is projected to reach nearly $18 billion next year, as spending is expected to offset, if not eclipse, strong tax revenues.
California Gov. Gavin Newsom is waking up to a $18 billion budget hangover — and fixing it won’t be pretty.After years of ...
Next, he will unveil his budget response to the projections of semi-permanent, multi-billion-dollar California deficits.
California faces $18-35 billion budget deficit as Newsom pivots to presidential ambitions, leaving housing, homelessness and ...
Per student state funding for TK-12 will rise to a record $20,427 in 2026-27, bringing the total student funding, including ...
In 2019, first-year Gov. Gavin Newsom inherited a state flush with cash. With a $21.4 billion budget surplus to play with, an ...
That California stands alone as the only delinquent state is not merely a travesty—it is a stark indictment of budget and ...