Since June, the state has witnessed stronger-than-expected tax revenues, raking in $6 billion more than projected between ...
The booming AI market is not stable, warns the state’s Legislative Analyst, urging lawmakers to pare income projections.
The Daily Overview on MSNOpinion
California's $18B gap puts Newsom's national hopes at risk
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 ...
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 ...
2don MSNOpinion
EDITORIAL: Rolling in money but still drowning in red ink
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 ...
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