The legislative analyst has a plan to fix the "structural insolvency" of the unemployment benefits fund — but businesses aren ...

Donald Trump’s crazy idea to annex Greenland to the United States seems to have an unlikely supporter: Democratic Senator ...

Los Angeles authorities have evacuated some 30,000 people as of Wednesday, as flames tear through the Pacific Palisades, ...

The SALT cap is estimated to increase federal revenues by about $1.2 trillion over 10 years, according to the Committee for a Responsible Federal Budget, but it's a tax increase that hasn't sat well ...

As part of his $322.2 billion spending plan for the 2025–26 budget year, Newsom is prioritizing existing programs and future ...

Gov. Gavin Newsom’s proposal included a $228.9 billion general fund that would rely on $17 billion in reserves ...

California is on pace to see a “modest” surplus and avoid a deficit because it’s banking $16.5 billion in additional revenue ...

Gov. Newsom's 2026 budget aims to address California's deficit and prioritize education, housing, healthcare, and more. Learn ...

California Gov. Gavin Newsom has proposed a $322 billion budget without a deficit, a welcome change after two years of significant budget shortfalls in the nation’s most populous state.

The administration cited a pandemic-related funding losses and legal expenses as key factors in the shortfall.