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.

In Texas, property taxes generate nearly half the total tax revenue statewide. They fund local governments and schools.

An oil trade group said drilling off Southern California was of interest. But the environmental pushback would be ...

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

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 ...