Browsing: deficit

Newsom called it a “gimmick.” Now he is using the trick to reduce California's massive deficit

Politics April 11, 2024

Sacramento — Thanks to a cash windfall five years ago, Gov. Newsom said he has done away with a state…

How to close California's budget deficit? Democrats are planning a plan

Politics March 21, 2024

The three most powerful Democrats in the state Capitol came out on Wednesday with a bizarre announcement. It boils down…

California has a massive budget deficit. Newsom and lawmakers say they plan to come up with a plan

Local March 21, 2024

With a budget deficit of at least $38 billion hanging over their heads, Gov. Gavin Newsom and Democratic leaders in…