The much-revised 2024-25 state budget that Gov. Gavin Newsom released last week contains hundreds of spending reductions and other actions to close what he says is a $44.9 billion deficit. Exactly ...

California's current budget tops $300 billion, the largest by far of any state. Newsom and the state Legislature now must come up with a plan to cover this deficit.

The 2023-24 budget adopted last June acknowledged a deficit due to revenue declines but still assumed that the state would take in $123.3 billion in taxes during the first six months of the fiscal ...

Gov. Gavin Newsom and the Legislature passed a $298 billion budget this summer that aimed to address a major deficit, estimated to be tens of billions of dollars over the next two years.. The ...

California Gov. Gavin Newsom has signed a budget that pares back a number of progressive priorities to close a $12 billion deficit. Skip to content Menu Today's paper ...

According to the chart, the 2022-23 budget projected that revenues from the state’s three biggest sources — personal and corporate income taxes and sales taxes — would top $200 billion ...

California’s budget is ‘roughly balanced,’ but growing deficits expected By Alexei Koseff | CalMatters Published Nov 20, 2024 2:00 PM ...

The much-revised 2024-25 state budget that Gov. Gavin Newsom released last week contains hundreds of spending reductions and other actions to close what he says is a $44.9 billion deficit.

California's budget is 'roughly balanced,' but growing deficits expected By Alexei Koseff / CalMatters Published November 20, 2024 at 12:43 PM PST ...