Since June, the state has witnessed stronger-than-expected tax revenues, raking in $6 billion more than projected between ...

California's budget is sliding back into the red, and the numbers are getting harder for Governor Gavin Newsom to explain ...

California will face a projected $18 billion deficit next year, according to a report by the nonpartisan Legislative ...

The California Legislative Analyst’s Office released its outlook on the 2026-27 budget, highlighting the state’s weak ...

The LAO projected California will face an $18 billion deficit next year. One union hashing out a new contract in 2026 is preparing to fight.

Gavin Newsom and California Democrats continue to overtax Californians and overspend on programs they can't afford to fund.

In an update to California’s fiscal 2026-2027 budget outlook Wednesday, a new report released by the state’s nonpartisan ...

CALIFORNIA, USA — California is bracing for a nearly $18 billion budget deficit next year, according to a new projection from ...

In all, Golden State lawmakers spent at least $415 million on local projects to help curry favor with constituents.

The booming AI market is not stable, warns the state’s Legislative Analyst, urging lawmakers to pare income projections.

California Gov. Gavin Newsom has floated several ideas to stabilize the state’s finances. Some are controversial, some ...