California’s independent legislative analyst is warning that the state faces a nearly $18 billion deficit. It is “critical” ...

California's projected 18 billion dollar budget gap has turned a once comfortable surplus story into a stress test for ...

Recent tax revenue gains may be just a spike driven by an artificial intelligence boom in Silicon Valley that’s likely to ...

The booming AI market is not stable, warns the state’s Legislative Analyst, urging lawmakers to pare income projections.

When Gov. Gavin Newsom and legislative leaders were drafting a more-or-less final 2025-26 state budget last month, they were closing what they described as a $12 billion deficit, a number that the ...

CALIFORNIA, USA — California is bracing for a nearly $18 billion budget deficit next year, according to a new projection from the Legislative Analyst’s Office. The estimate is about $5 billion larger ...

To hear many Democrats explain it, the nation has racked up $37 trillion in debt, not because Congress can’t control spending ...

Legislative leaders would have us believe that the 2025-26 budget agreement they forged with Gov. Gavin Newsom this week is a noteworthy — even heroic — response to financial problems caused by ...

When Gov. Gavin Newsom and legislative leaders were drafting a more-or-less final 2025-26 state budget last month, they were closing what they described as a $12 billion deficit, a number that the ...