Search results
11 maj 2024 · SACRAMENTO, Calif. (AP) — California has a huge budget problem that could force thorny decisions from Democratic leaders who enjoyed a more than $100 billion surplus just three years ago. This is the second year in a row the nation’s most populous state is facing a multibillion-dollar shortfall.
The biggest challenge facing lawmakers and Gov. Gavin Newsom is the state budget deficit — and it just got bigger. Today, the Legislative Analyst’s Office projected the shortfall as $15 billion higher, or $73 billion.
13 godz. temu · Nov. 20, 2024 3:08 PM PT. The California Legislative Analysts’ Office predicts a $2-billion budget deficit for the state through 2025-26. California could be in a much better financial position ...
11 maj 2024 · California Gov. Gavin Newsom has proposed a series of painful budget cuts to close the state's growing deficit. Newsom said Friday the state's deficit is $27.6 billion.
4 kwi 2024 · Democratic lawmakers and Gov. Gavin Newsom are scrambling to lessen California's budget deficit, which Newsom estimated at $37.9 billion in January.
18 gru 2023 · California is ending the year facing a multitude of economic challenges, including a budget deficit, flat tax revenue, sluggish job growth and massive unemployment insurance debt. The state’s budget surplus turned into a $32 billion deficit in 2023 — a result of its heavy reliance on personal income taxes, which are tied to the ups and ...
11 maj 2024 · Newsom cast California’s current financial situation as a return to normal after the federal government provided trillions of dollars in funding to individuals, families, businesses and state...