Within the next week and change, Democrats who control the Legislature and fellow Democrat Gov. Gavin Newsom will need to ...

The California Legislature has passed its own version of a state spending plan that rejects many of Gov. Gavin Newsom's ...

Newsom's proposal outlines $15.2 billion in cuts ... especially in more financially turbulent times. The budget proposal also seeks $7.5 billion through borrowing and non-tax revenues.

(The Center Square) – California Gov. Gavin Newsom’s May budget proposal still falls $7 billion short of a balanced budget for fiscal year 2024-2025, according to the state-funded, non ...

Last week, Newsom announced a budget deficit that ... The nonpartisan Legislative Analyst's Office also doesn't like the proposal, calling it “bad fiscal policy” that “creates a binding ...

The governor’s most recent proposal would eliminate $32.8 billion ... and sales taxes. According to Newsom’s office, budget officials have revised their projection of the state’s expected ...

The Legislature passes a placeholder state budget, but must still negotiate with Gov. Newsom on the final deal. How the state ...

Newsom’s May Revision proposes $15.2 billion in cuts, $4.2 billion use of reserves, $14.8 billion in program expansion pauses and shifts, and $7.5 billion from borrowing and non-tax revenues to ...

California Gov. Gavin Newsom pledged that his budget proposal to balance the state's ballooning $45 billion deficit would not include higher taxes on workers or businesses. "I don't see there's ...