Gov. Gavin Newsom’s political future could be determined by how he responds to Assembly Republicans’ call for a special legislative session to address California’s staggering budget shortfall. Newsom owns this …
California state government’s bank account has dwindled from a nearly $100 billion surplus 18 months ago to a projected $68 billion deficit. How could that possibly happen? Three reasons: • …
By Eliyahu Kamisher | Bloomberg California’s tax revenue fell short of forecasts as expectations of a tax windfall late in the year failed to materialize, the nonpartisan budget advisor office …
While Gov. Gavin Newsom polishes his foreign policy credentials with visits to Israel and China, California is experiencing an economic slowdown that could bode ill for the final three years of …