California Faces a $68 Billion Deficit. Largely as a result of a severe revenue decline in 2022-23, the state faces a serious budget deficit. Specifically, ...

29 июн. 2024 г. · Gov. Gavin Newsom has signed California's budget to close an estimated $46.8 billion deficit through $16 billion in spending cuts and ...

At the end of January 2024, California held a total of more than $25 billion in four state budget reserves: the Budget Stabilization Account (BSA),

22 июн. 2024 г. · California lawmakers on Saturday announced a deal to close a state deficit estimated at $47 billion, paving the way for a nearly $300 billion state budget for ...

10 мая 2024 г. · Governor Newsom's revised balanced state budget cuts one-time spending by $19.1 billion and ongoing spending by $13.7 billion through 2025-26.

26 июн. 2024 г. · Last year's deficit was about $32 billion. This year's deficit swelled to $46.8 billion — with more deficits projected for the future. Related ...

16 мая 2024 г. · “The total difference across the four fiscal years is a negative $165.1 billion,” the new budget declares. That's an enormous amount of money ...

21 мая 2024 г. · Gavin Newsom was giving away $50,000 to randomly selected individuals to get a COVID-19 vaccine, to a projected $73 billion deficit in only ...

23 июн. 2024 г. · To make up the $46.8 billion deficit, Democrats plan to reduce spending by $16 billion, with the largest savings stemming from departmental belt ...

State leaders closed a roughly $47 billion General Fund shortfall across the three-year “budget window” (fiscal years 2022-23 through 2024-25) using a broad ...