History will — or at least should — see a $165 billion error in revenue estimates as one of California’s most boneheaded ...

"There’s really no capacity for new commitments because we do estimate there to be these pretty significant operating ...

California's legislative analyst warns that big deficits could return in Hollywood with Donald Trump back in the White House.

California lawmakers return to Sacramento on Monday for the swearing-in ceremonies for new state lawmakers and begin the ...

Several state employee contracts expire in 2025, which means negotiations over compensation and benefits will begin in the ...

The nonpartisan Legislative Analyst’s Office projects a $2 billion shortfall for 2025-26, but says the state can’t afford big ...

California likely will not see a big deficit next year, but also won’t have room for much new spending, the state Legislature ...

Bay Area tech giants’ historic stock market run this year has one colossal beneficiary: California’s government. The ...

Despite surging state revenues so far bringing in $7 billion more than expected this year, Legislative Analyst Gabe Petek ...

After clearing up a $47 billion budget deficit earlier this year, California may not be out of trouble just yet.

With his state facing a staggering budget crisis, Newsom recently made a trip to Washington D.C. to petition the Biden ...

“California is the highest-tax state in the country, yet we are still facing multi-billion-dollar deficits well into the ...