Gov. Gavin Newsom’s proposed budget “does not materially address” long-term concerns, a key analyst warned Sacramento ...

Hopefully state leaders pay attention to these warnings for a change and get ahead of the problems before it’s too late.

How did we get here? Where do we go from here? Spend one minute to catch up on everything you need to know about California’s budget health this year.

California Gov. Gavin Newsom’s office said the state faces a $2.9 billion budget deficit this year, an amount significantly ...

The December budget deficit came in at $144.75 billion, a record for the month and 68 percent higher than last year.

OAKLAND, Calif. - A new report states California will face an $18 billion budget deficit next year, the fourth year in a row the state's expenses have surpassed its revenues. The Legislative Analyst’s ...

SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom’s office said the state faces a $2.9 billion budget deficit this year, ...

Will California Gov. Gavin Newsom raise taxes or cut spending to fix an $18 billion budget shortfall? Either could spell trouble for his legacy.

In his proposed budget, California Gov. Gavin Newsom is predicting a shortfall of $2.9 billion. That's much less than the $18 ...

California's deficit is projected to reach nearly $18 billion next year, as spending is expected to offset, if not eclipse, strong tax revenues.

The troubled school district has already cut 80 jobs and is now considering using parent volunteers for school security.