Whether Gov. Gavin Newsom solves California's chronic spending deficit or dumps the problem on the next governor will define ...

Gavin Newsom is set to leave California a shocking legacy of a structural budget deficits of between $20 and $30 billion — as ...

California’s budget mess just got a whole lot messier — and a whole lot more embarrassing. Top lawmakers sat on a staggering ...

The governor's January budget proposed reducing coverage for legally present refugees from political persecution, torture and ...

California Gov. Gavin Newsom enters his final year confronting a chronic budget deficit and intensifying housing enforcement, with his May 14 budget revision expected to reveal whether he’ll pursue ...

With only three months left in the current fiscal year, revenues will likely exceed expectations. Politicians’ inclinations ...

Gavin Newsom delivered a clear message to Assembly Democrats in a closed-door caucus meeting this week: More budget cuts are coming. After the meeting Tuesday afternoon — which previewed the final ...

In the face of a $35 billion-a-year budget deficit starting in 2026-27, lawmakers and state agency heads are talking budget cuts.

The controversial plan would withhold $5.6 billion in constitutionally-mandated education funding under Proposition 98.

Legislative Analyst Gabe Petek says state spending grew by $100 billion or so a year since 2019, outstripping revenues and resulting in current and future deficits.

Gov. Gavin Newsom’s eighth and final state budget could be his most difficult, as he attempts to close a whopping deficit, offset reductions in federal ...

MINUTES AGO, WE TOLD YOU ABOUT A $2 BILLION ACCOUNTING ERROR IN THIS YEAR’S STATE BUDGET, 2 BILLION WITH A B. THIS ERROR GOES ALL THE WAY BACK THROUGH LEAKED MEMO TODAY. IT WAS A LEAKED MEMO TO STATE ...