As Gov. Gavin Newsom and state legislators spend the next few weeks fashioning a state budget that’s plagued by a multibillion-dollar deficit, they can’t count on a booming economy to …
Gov. Gavin Newsom unveiled his revised state budget last week with details of how he planned to close a $27.6 billion deficit. Now, outraged educational leaders across California are calling …
The much-revised 2024-25 state budget that Gov. Gavin Newsom released last week contains hundreds of spending reductions and other actions to close what he says is a $44.9 billion deficit. Exactly two …
I received and paid my monthly electric bill from the Sacramento Municipal Utility District the other day. In addition to $75.76 in metered power consumption and $1.58 in taxes, SMUD’s …
When Gov. Gavin Newsom proposed a 2024-25 state budget in January, he declared that the state faced a $38 billion deficit and chided journalists for citing wider projections in the gap between …
California is facing a multibillion-dollar budget deficit that will require lawmakers and the governor to make painful decisions. Nobody wants less funding for their child’s school, road maintenance, environmental progress …
As the June 15 constitutional deadline for enacting a 2024-25 state budget approaches, the good news for Gov. Gavin Newsom is that all-important income tax revenues in April slightly exceeded the …
Student homelessness has risen to pre-pandemic levels, after years of decline. Now, a San Jose legislator has introduced a California bill to provide unhoused high school seniors with a guaranteed …
Boom and bust budget cycles are the norm in California. This year, we have an exceptional budget shortfall of at least $38 billion. The budget crisis means renewed funding for …
Borrowing an old bromide, when the stock market sneezes, California’s state government catches pneumonia. It’s more than a common cold when the state coughs up billions of buckets in red ink. …