Gov. Gavin Newsom’s revised state budget assumes California will see a sharp decline in projected revenue, largely because ...

Wrong revenue projections a few years ago led California to overspend, creating structural deficits. Now underestimated ...

We cannot find effective solutions to the homelessness and behavioral health crisis if the state eliminates vital resources,” ...

The U.S. Senate last week rejected an effort by Sen. Alex Padilla, D-Calif., and Democratic colleagues that would have forced ...

Gov. Gavin Newsom presents his revised version of the state’s budget on Wednesday. Hector Amezcua [email protected] Good ...

California Gov. Gavin Newsom has unveiled a $322 billion budget proposal that aims to address a projected $12 billion deficit ...

Gov. Gavin Newsom said Wednesday morning that California is facing a shortfall of $12 billion for the upcoming budget year.

To blame tariffs for the deficit is like blaming a heart attack on the cheeseburger you ate last week, instead of the ones ...

California Gov. Gavin Newsom has proposed a pause to the ... and stock market volatility brought on by the tariff war. The budget Newsom first proposed in January included little new spending.

SACRAMENTO, Calif. -- California is staring down an $12 billion budget deficit, Gov. Gavin Newsom said Wednesday. The ...

AP Last week California Gov. Gavin Newsom announced that his state is facing a $12 billion budget deficit. As has become the habit for every blue-state governor in trouble, he pinned the blame on ...

The Newsom administration is predicting an additional $12-billion budget deficit for 2025-26. The shortfall comes in addition to $27.3 billion in remedies Democrats previously agreed to adopt to ...