California will halt new enrollments for undocumented adults in Medi-Cal, effectively capping the program's growth.

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.

Were a private corporation to cook its books like the state government does, its executives could wind up in jail for fraud.

Gavin Newsom says California faces a $37.9 billion budget deficit while the Legislature’s budget analyst says there’s a $68 billion gap. Who’s right?

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 ...

Gov. Gavin Newsom has signed California’s budget to close an estimated $46.8-billion deficit through $16 billion in spending cuts and temporarily raising taxes on some businesses.

Voters say California’s budget deficit is an ‘extremely serious’ problem, poll finds California Gov. Gavin Newsom discusses his proposed state budget for the 2024-2025 fiscal year in Sacramento.

In December, the Legislature’s independent budget analyst said the state faces a $68 billion deficit, mostly due to revenue shortfalls in the 2022-23 and 2023-24 budgets, and projections into ...