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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.
- Gov. Gavin Newsom proposes painful cuts to close California’s growing ...
California has a budget deficit of $27.6 billion, Gov. Gavin...
- Gov. Gavin Newsom proposes painful cuts to close California’s growing ...
22 cze 2024 · Gov. Gavin Newsom and Democratic lawmakers work to settle their differences over a few key budget cuts to reduce California’s massive deficit. June 5, 2024
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.
11 maj 2024 · California has a budget deficit of $27.6 billion, Gov. Gavin Newsom announced Friday — a gap so wide that he’s proposing eliminating 10,000 vacant state jobs and cutting spending across 260 state programs.
In late June, Governor Newsom and state leaders reached a deal on the 2024-25 California state budget. Confronted with a substantial shortfall, state leaders negotiated a budget package that presents a mixed bag for California families.
8 gru 2023 · The state is struggling with lower tax collections, economic slowdown and storm damage, forcing hard choices for Gov. Newsom in his final term. The deficit is the biggest in state history, but not as large as a percentage of spending, and the state has some reserves to cushion the blow.
13 cze 2024 · Slammed by a post-pandemic drop in state revenue projections, California lawmakers on Saturday announced a deal to close a state deficit estimated at $47 billion, paving the way for a nearly...
