California has a multibillion-dollar budget deficit. Here's what …
WEBMay 10, 2024 · California Gov. Gavin Newsom signs budget to close $46.8B budget deficit WHY DOES THE DEFICIT MATTER? California’s constitution requires lawmakers and the governor to balance the budget — meaning the …
California Legislature Approves Budget That Slashes Spending to …
WEBJun 27, 2024 · Gov. Gavin Newsom has signed California’s budget to close an estimated $46.8 billion deficit through $16 billion in spending cuts and temporarily raising taxes on some businesses
Gov. Gavin Newsom signs California budget to close major deficit …
WEB5 days ago · California Gov. Gavin Newsom on Saturday officially signed the 2024 budget, closing a roughly $47 billion deficit for the state. Newsom’s signature was expected as he and Democratic lawmakers...
California Gov. Gavin Newsom signs budget to close $46.8B budget deficit
WEB5 days ago · Gov. Gavin Newsom has signed California’s budget to close an estimated $46.8 billion deficit through $16 billion in spending cuts and temporarily raising taxes on some businesses.
California Legislature approves budget that slashes spending to …
WEBJun 27, 2024 · SACRAMENTO, Calif. (AP) — California lawmakers approved a budget on Wednesday that slashes spending and temporarily raises taxes on some businesses to close an estimated $46.8 billion budget deficit.
California Legislature approves budget that slashes spending to …
WEBJun 27, 2024 · This year's deficit swelled to $46.8 billion — with more deficits projected for the future. California's budget has historically been prone to large swings in revenue, given the state's reliance ...
What you need to know about the California budget deal
WEBJun 24, 2024 · California will make widespread cuts to state government operations, prisons, housing programs and health care workforce development in order to maintain its social safety net as it moves to close...
California Legislature approves budget, addresses $46.8 billion deficit
WEBJun 27, 2024 · California lawmakers approved a budget on Wednesday that slashes spending and temporarily raises taxes on some businesses to close an estimated $46.8 billion budget deficit.It's the second year in ...
California faces record $68 billion budget deficit, nonpartisan ...
WEBDec 8, 2023 · SACRAMENTO, Calif. (AP) — California is facing a record $68 billion budget deficit, state officials announced Thursday, forcing hard choices for Democratic Gov. Gavin Newsom in his final term as he works to build his national profile.
California faces $25 billion budget deficit - CalMatters
WEBNov 17, 2022 · The projection marks a stunning reversal from back-to-back years of unprecedented prosperity: The budget for California’s current fiscal year clocked in at a whopping $308 billion, fueled by a record $97 billion surplus that was by itself enough to treat every state resident to a $7,500 vacation.
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