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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 ...
SACRAMENTO, Calif. (AP) — California’s budget deficit is at...
- Gov. Gavin Newsom proposes painful cuts to close California’s growing ...
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.
22 cze 2024 · The state government’s financial problem can be blamed in part on poor revenue projections that led Newsom and lawmakers to allocate more money for programs than they had available to spend.
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...
11 maj 2024 · SACRAMENTO, Calif. (AP) — California’s budget deficit is at least $45 billion, a shortfall so large it prompted Gov. Gavin Newsom on Friday to propose painful spending cuts impacting immigrants, kindergarteners and low-income parents seeking child care in a state often lauded for having the world’s fifth-largest economy.
7 gru 2023 · California is facing a $68 billion budget deficit, the state’s nonpartisan fiscal analyst announced on Thursday, signaling a “serious” financial challenge for the Democratic-led government...
California Faces $68 Billion Deficit Amid Steep Revenue Decline. The state heads into next year with projections of one of its worst budget deficits since the early 1990s recession.
