Proposed California budget has no deficit, but could be affected by federal government
The budget Newsom announced Monday is mostly a placeholder as California waits to see if incoming President Donald Trump will follow through on threats to revoke billions in federal dollars, which could force lawmakers to make painful cuts to essential programs.
The legislative analyst has a plan to fix the "structural insolvency" of the unemployment benefits fund — but businesses aren ...
California Gov. Gavin Newsom previewed his $322.2 billion budget proposal for 2025-2026 during a visit Monday to California ...
The proposal aims to increase the amount of money California is required by law to transfer to its rainy day fund.
Many of California’s biggest cities are facing major financial challenges heading into 2025, suggesting any reductions or ...
The proposal aims to increase the amount of money California is required by law to transfer to its rainy day fund.
The California state budget has been a rollercoaster over the past few years. Big deficits generally mean cutting plans and programs.
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