california deficit news - Search News

budget, California

Hosted on MSN · 2d

After 2 years of shortfalls, California governor proposes $322B budget with no deficit

California Gov. Gavin Newsom has proposed a $322 billion budget without a deficit, a welcome change after two years of significant budget shortfalls in the nation's most populous state. But the budget Newsom announced Monday is mostly a placeholder as California waits to see if incoming President Donald Trump will follow

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.

Sacramento Bee on MSN · 2d

Gov. Gavin Newsom announced a $322.2 billion budget with no deficit. Here’s what’s in it

California no longer faces a budget deficit, Gov. Gavin Newsom said Monday, two months after budget officials projected a $2 billion deficit that had left little room for additional government spending.

Nov. Trade Deficit Grows

Marketplace · 1d

The $78 billion trade deficit may look big. But compared to what?

The trade gap signals strong demand for imports, which can be a good sign for the economy. Also, it's been fairly stable relative to GDP.

Wall Street Journal · 2d

Canada Goods-Trade Deficit Narrows to C$323 Million in November

Canada’s long-running trade surplus with its closest neighbor widened late last year as exports again increased, helping narrow the country’s global deficit for a third straight month.

MT Newswires on MSN · 1d

November Trade Deficit Grows as Imports Jump

The US trade deficit widened in November as imports growth outpaced that of exports, government data showed Tuesday. The goods and services deficit grew by 6.2% month over month to about $78.19 billion,

48mon MSN

A Medi-Cal ‘gap’ hurts tens of thousands of low-income seniors. Will California finally fix it?

A Medi-Cal gap limits how much money California seniors can keep if they want health coverage. The state delayed a change ...

Santa Rosa Press Democrat19h

California’s $20 billion unemployment debt is looking like a political hot potato

The legislative analyst has a plan to fix the "structural insolvency" of the unemployment benefits fund — but businesses aren ...

2don MSN

Despite revenue increase, Newsom plans to pull from California’s rainy day reserves

California Gov. Gavin Newsom previewed his $322.2 billion budget proposal for 2025-2026 during a visit Monday to California ...

6don MSN

Should California save more for a rainy day? OC legislator wants voters to decide

The proposal aims to increase the amount of money California is required by law to transfer to its rainy day fund.

7d

Many of California’s biggest cities face major fiscal challenges going into 2025

Many of California’s biggest cities are facing major financial challenges heading into 2025, suggesting any reductions or ...

2don MSN

Gas prices and water fights: California environment 2024 year in review

California continued efforts toward environmental leadership, from voter-approved bonds to Gov. Gavin Newsom’s efforts to ...

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