California is projected to face a $18 billion deficit next year, setting up a challenge for Gov. Gavin Newsom to safeguard some of the progressive policies that have defined his tenure as he considers ...

An array of charts buried in the fine print of the state budget, unknown to all but a few fiscal nerds, details what California has collected in revenues and spent over the last half-century. The ...

While the state borrows $5.6 billion from education, districts throughout the state are struggling to balance their own budgets this year.

Add Yahoo as a preferred source to see more of our stories on Google. Assemblymember Jesse Gabriel, D-Encino, chair of the Assembly Budget Committee, and Assemblymember David Tangipa, R-Fresno, the ...

Add Yahoo as a preferred source to see more of our stories on Google. SACRAMENTO, California — Two emerging threats are looming over California’s future — the prospect of an AI slowdown colliding with ...

The Newsom administration said Friday that it does not plan to use state employee compensation costs as a means to shore up the state’s budget as it did last year when California faced a ...

California faces a $2.9 billion budget deficit for the next fiscal year, one that’s drastically smaller than an $18 billion shortfall forecast last fall, according to Governor Gavin Newsom’s January ...