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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.
25 paź 2023 · State-by-state, the report charts hundreds of billions of dollars that the feds pumped into the economy to support those who were adversely affected by pandemic-related shutdowns.
16 maj 2024 · A chart in the newly revised 2024-25 budget contains the pertinent numbers of the miscalculations. According to the chart, the 2022-23 budget projected that revenues from the state’s three biggest sources – personal and corporate income taxes and sales taxes – would top $200 billion through 2025-26.
State of California Real Time Debt Clock. 38,431,890. $610,186,907,419
26 mar 2024 · Last month, California’s Legislative Analyst’s Office, or LAO, which is the nonpartisan state department that advises California’s policymakers on the state’s fiscal issues, increased their estimate for the state’s 2024–25 budget deficit to $73 billion.
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12 cze 2023 · The California budget went from a record surplus to a deficit in one year. Why did that happen? This explainer gives the answer.
