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Jan 10 10:47 am
  • State Budget

California faces budget deficit of $22.5B, governor says

Adam Beam, Associated Press

The deficit, while unsurprising, could signal the end of a decade’s worth of economic growth in the nation’s most populous state.

21
Dec 20 3:09 pm
  • State Budget

$24B projected budget deficit may test California’s resolve to grow safety net amid recession

Alejandro Lazo and Jeanne Kuang, CalMatters

California faces a projected deficit next year even if the U.S. avoids a recession. Despite the expected shortfall, policymakers say they’ll maintain spending on social programs, though advocates are calling for more.

4
Nov 16 1:44 pm
  • State Budget

Report: California likely to have $25B budget deficit

Adam Beam, Associated Press

The projected deficit will force some painful spending decisions, including possibly delaying an ambitious program to clean up homeless encampments across the state.

67
Oct 29 2:25 pm
  • State Budget

California revenues decline amid economic worries

Adam Beam, Associated Press

There’s now an 80% chance California will be about $8 billion short when its fiscal year ends next summer, according to the nonpartisan Legislative Analyst’s Office.

22
Jul 11 9:10 am
  • State Legislature

Some seniors and disabled people will miss out on new California state payments

Grace Gedye, CalMatters

Californians who don’t file taxes—because they don’t earn enough to owe any—won’t receive the new round of state payments. That includes some seniors and disabled people, as well as some of the lowest-income adults.

7
Jul 1 7:59 am
  • State Legislature

California first to cover health care for all immigrants

Adam Beam and Don Thompson, Associated Press

Newsom signed the $307.9 billion budget that pledges to make all low-income adults eligible for the state’s Medicaid program by 2024 regardless of their immigration status.

69
Jun 30 8:50 am
  • State Budget

California lawmakers OK budget; most taxpayers to get refund

Adam Beam, Associated Press

Democrats who control California’s government chose to send cash to taxpayers instead of suspending the gas tax as Republicans wanted.

7
Jun 29 1:58 pm
  • State Budget

California lawmakers to vote on $307.9 billion state budget

Adam Beam, Associated Press

The spending plan includes expanded health care for immigrants and low-income residents, giving taxpayers an inflation refund, and helping more women access abortion care.

14
Jun 15 11:12 am
  • State Budget

Newsom wary of lawmaker-approved budget

Emily Hoeven

Beating a Wednesday deadline, Democratic legislators pushed through a plan to spend the record California budget surplus, but key negotiations remain with Gov. Gavin Newsom.

7
May 13 2:04 pm
  • State Budget

Newsom: California has $97.5 billion budget surplus, the biggest ever

Adam Beam and Kathleen Ronayne, Associated Press

The surplus alone is much bigger than nearly every other state’s annual budget.

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