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 ...

From a surplus in January, the state budget has now fallen into deficit. Rather than blaming White House policy, Republicans are pointing to the cost of undocumented immigrants in the healthcare ...

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

California Gov. Gavin Newsom (D) announced a $12 billion deficit Wednesday in the May revision of his state budget proposal, ...

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

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

Gov. Newsom's revised budget for California focuses on housing, education, infrastructure, and healthcare amid a deficit.

Gov. Gavin Newsom wants to extend California's landmark cap and trade program through 2045. But earmarking half of this ...

Gov. Gavin Newsom on Wednesday outlined his administration’s latest version of the 2025-26 budget plan, better known as the ...

According to Newsom’s revised budget, an annual cap-and-trade allocation of $1 billion will allow the California High-Speed ...

Gov. Gavin Newsom this morning will unveil a revised version of his administration’s budget for the upcoming year. Let’s just ...