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 ...

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 (D-CA) refused Los Angeles Mayor Karen Bass’s request for roughly $2 billion to keep California’s largest ...

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 ...

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

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

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.

Gov. Gavin Newsom this morning will unveil a revised version of his administration’s budget for the upcoming year. Let’s just say it’s not expected to be rosy. The big question is what will and won’t ...