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California's budget forecasted to be relatively balanced
California’s budget is ‘roughly balanced,’ but deficits could grow under Trump
The nonpartisan Legislative Analyst’s Office projects a $2 billion shortfall for 2025-26, but says the state can’t afford big new programs. Gov. Newsom has complained about attention on the office’s deficit estimates.
California looking at $2bil budget deficit next year
After clearing up a $47 billion budget deficit earlier this year, California may not be out of trouble just yet.
California's budget forecasted to be relatively balanced, but no room for extra spending
“California is the highest-tax state in the country, yet we are still facing multi-billion-dollar deficits well into the future. Democrats got us into this mess and I have no confidence in their ability to fix things without inflicting real pain on Californians.”
Opinion
2d
Opinion
Walters: $165 billion revenue error continues to haunt California’s budget
The nonpartisan Legislative Analyst warns government spending could expand California's small budget deficit over the next ...
Washington Examiner on MSN
11h
Where California’s billions of dollars in federal funding is going
Federal funding comprises more than one-third of the latest
budget
in
California
, a state where non-partisan analysts ...
2d
on MSN
Four tech companies just saved California from a budget crisis
Bay Area tech giants’ historic stock market run this year has one colossal beneficiary: California’s government. The ...
3d
on MSN
Tech-Driven Stock Market Rally Helps Steady California Budget
The rally in technology stocks has created so much wealth in California that it has helped the state fill its coffers.
1d
on MSN
California doesn’t have the financial capacity for Trump resistance lawsuits
Amid the dismal fiscal outlook, Newsom visited Washington earlier this month to lobby Biden for funds as he seeks to target ...
1d
Can California afford to fight the Trump Administration?
Back during Trump’s first presidency, California sued him – on average – once every 12 days. How aggressively can the state ...
Los Angeles Daily News
2d
$165 billion revenue error continues to haunt California’s budget
History will — or at least should — see a $165 billion error in revenue estimates as one of
California
’s most boneheaded ...
East Bay Times
1d
Walters: A $165 billion revenue error still haunts California’s budget
“We need to show restraint with this year’s
budget
, because
California
must be prepared for any challenges, including ones from Washington,” Rivas said. “It’s not a moment for expanding programs, ...
1d
on MSN
Will California food prices, up 27%, ruin the holiday spirit?
California costs for all goods and services rose 2.5% in the past year, as tracked by my CPI math. Again, the latest jump is ...
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