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

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

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

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

California likely will not see a big deficit next year, but also won’t have room for much new spending, the state Legislature ...

Federal funding comprises more than one-third of the latest budget in California, a state where non-partisan analysts ...

The nonpartisan Legislative Analyst warns government spending could expand California's small budget deficit over the next ...

Amid the dismal fiscal outlook, Newsom visited Washington earlier this month to lobby Biden for funds as he seeks to target ...

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

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

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