Nvidia, Apple, Google and Meta deliver billions of dollars in taxes to California. The state is grateful for this year's wild ...

The nonpartisan Legislative Analyst’s Office projects a $2 billion shortfall for 2025-26, but says the state can’t afford big ...

Newsom will propose a 2025-26 budget in January, but no matter what he and the Legislature decide, the structural budget ...

History will — or at least should — see a $165 billion error in revenue estimates as one of California’s most boneheaded ...

After clearing up a $47 billion budget deficit earlier this year, California may not be out of trouble just yet.

The rally in technology stocks has created so much wealth in California that it has helped the state fill its coffers.

California could offer rebates for electric vehicle purchases if the incoming Trump administration eliminates a federal tax ...

With tax revenue from high-earning Californians rebounding in recent months, the Legislature’s nonpartisan fiscal adviser ...

While the analyst called the anticipated budget 'in fair condition,' he expects large deficits in the following fiscal years.

“California is the highest-tax state in the country, yet we are still facing multi-billion-dollar deficits well into the ...

In unveiling its budget overview last week, the nonpartisan Legislative Analyst’s Office said that while the state’s fiscal future is still uncertain, “the Legislature likel ...