It’s not just the federal government with major budget deficit problems. When he leaves office in 19 months, Gov. Gavin Newsom will bequeath to his successor endemic state budget deficits. The ...
With pandemic-era aid gone and long-term structural challenges looming, 2026 budget debates will test lawmakers’ ability to balance short-term gaps and future risk.
5dOpinion
Walters: California budget volatility continues to complicate efforts to close its deficits
State revenues could dramatically drop if the AI boom busts, according to the nonpartisan legislative analyst.
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