The last time California faced a $35 billion money problem was in 2011, when then-Gov. Jerry Brown declared a "wall of debt" ...

In its annual November budget analysis, the independent and nonpartisan LAO projects that funding for schools and community ...

The California Legislative Analyst’s Office released its outlook on the 2026-27 budget, highlighting the state’s weak ...

California’s budgetary woes are worse than expected, forcing state lawmakers to grapple with a nearly $18 billion shortfall ...

California lawmakers and the governor will need to prepare for an $18 billion budget deficit next year, state Legislative ...

California will face a projected $18 billion deficit next year, according to a report by the nonpartisan Legislative ...

California’s $17.5 billion prison system is over budget, contributing to a projected state deficit. Some groups want him to ...

CALIFORNIA, USA — California is bracing for a nearly $18 billion budget deficit next year, according to a new projection from ...

California's analyst office warns AI-driven tax windfalls may prove temporary as an $18 billion budget gap and structural ...

California lawmakers and the governor have one main responsibility: to figure out how to use taxpayer dollars. California Legislative Analyst Gabe Petek and Gov. Newsom's Department of Finance ...

AI “exuberance” has led to higher-than-anticipated income tax collections, but budget experts warn that growth is unsustainable.

California faces an $18 billion budget deficit for 2026-27, an increase of $5 billion from the $13 billion anticipated when ...