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  1. 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.

  2. 18 kwi 2024 · California’s massive budget deficit, coupled with the state’s relatively high level of joblessness, has become a major barrier to reducing the billions of dollars of debt it has incurred to pay...

  3. 22 cze 2024 · Gov. Gavin Newsom and Democrats in the California Legislature reached a deal to solve the budget deficit for the 2024-25 fiscal year.

  4. 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...

  5. 15 maj 2024 · Governors fine-tune their fiscal proposals. Lobbyists ramp up the pressure. The people who rely on state dollars the most brace for relief or disappointment, and legislators strain to balance the...

  6. 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.

  7. 1 lip 2024 · Inside Californias New Budget of Nearly $300 Billion. The budget includes $12 million for reparations measures for the state’s Black residents. Gov. Gavin Newsom signed off on a budget for ...

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