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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.
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3 dni temu · UPDATED: November 3, 2024 at 12:18 PM PST. California’s total long-term debt, between the state and local governments, has quietly surged to over half a trillion dollars, making it the most ...
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.
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.
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.