California’s budget deficit grows to $27.6 billion – NBC Los Angeles

California’s Budget Deficit Grows To $27.6 Billion – NBC Los Angeles

1 week from now

May 10, 2024  · Scott Budman reports. California has a budget deficit of $27.6 billion, Gov. Gavin Newsom announced Friday — a gap so wide that he's proposing cutting 10,000 vacant state jobs and suspending ...

nbclosangeles.com

California Faces Record $68 Billion Budget Deficit ... - NBC Los …

1 week from now

Dec 7, 2023  · California's current budget tops $300 billion, the largest by far of any state. Newsom and the state Legislature now must come up with a plan to cover this deficit.

nbclosangeles.com

California Has A Multibillion-dollar Budget Deficit. Here's What You ...

1 week from now

May 11, 2024  · Now, Newsom says the remaining deficit is $27.6 billion (AP Photo/Rich Pedroncelli) California Gov. Gavin Newsom unveils his revised 2024-25 state budget during a …

apnews.com

California Gov. Gavin Newsom’s Proposed Budget – NBC Los …

1 week from now

Jan 10, 2024  · California Gov. Gavin Newsom is announcing a $291 billion state spending plan with an estimated $37.9 billion deficit. That’s a significantly smaller budget hole than the …

nbclosangeles.com

Newsom Announces $27.6 Billion Budget Deficit - MSN

1 week from now

In recognition of California’s volatile tax revenue, Newsom wants to use this year’s budget process to address a $28.4 billion deficit projected for the 2025-26 year.

msn.com

Analyst Predicts $68 Billion Deficit In California: 'A Serious Budget ...

1 week from now

Dec 8, 2023  · California’s Legislative Analyst’s Office projects a 2024-25 budget deficit twice as large as 2023-24. It says the state could dip into reserves and cut some one-time spending.

yahoo.com

Newsom Likely To Announce Bigger Budget Deficit - NBC Los …

1 week from now

May 12, 2023  · Under Newsom's plan, the deficit would be $5 billion next year and grow to $14 billion by 2027. Get top local stories in Southern California delivered to you every morning . …

nbclosangeles.com

Newsom's Plan For California's Projected $37.9-billion Deficit - Los ...

1 week from now

Jan 11, 2024  · Gov. Newsom signs budget to close California’s $46.8-billion budget deficit June 29, 2024 Newsom, lawmakers use cuts, reserves and ‘fiscal emergency’ declaration to solve …

latimes.com

California Budget Deficit Balloons To $73 Billion- CalMatters

1 week from now

The biggest challenge facing lawmakers and Gov. Gavin Newsom is the state budget deficit — and it just got bigger. Today, the Legislative Analyst’s Office projected the shortfall as $15 …

calmatters.org

After A $100 Billion Surplus, California Now Faces A $73 Billion …

1 week from now

Mar 26, 2024  · After A $100 Billion Surplus, California Now Faces A $73 Billion Budget Deficit. Last month, California’s Legislative Analyst’s Office, or LAO, which is the nonpartisan state …

hoover.org

Gov. Newsom Signs California Budget. Here's What To Know

1 week from now

Jun 29, 2024  · Gov. Gavin Newsom on Saturday signed California’s budget to close an estimated $46.8 billion deficit through $16 billion in spending cuts and temporarily raising taxes on some …

nbclosangeles.com

California Gov. Gavin Newsom Signs Budget To Close $46.8B …

1 week from now

Jun 29, 2024  · SACRAMENTO, Calif. (AP) — Gov. Gavin Newsom on Saturday signed California’s budget to close an estimated $46.8 billion deficit through $16 billion in spending …

apnews.com

California’s New Budget Will Make Major Cuts To Public Programs

1 week from now

May 24, 2024  · In February 2009, at the depth of the global financial crisis, California lawmakers struggled with how to close a $41 billion deficit, ultimately adopting a series of stark cuts as …

thenation.com

California Gov. Newsom Unveils Budget Deficit Plan - NBC Los …

1 week from now

Jan 10, 2023  · California faces a projected budget deficit of $22.5 billion for the coming fiscal year, Gov. Gavin Newsom announced Tuesday, just days into his second term. It’s a sharp …

nbclosangeles.com

California Likely To Have Budget Deficit: Report - NBC Los Angeles

1 week from now

Nov 17, 2022  · Report: California Likely to Have $25 Billion Budget Deficit By Adam Beam • Published November 17, 2022 • Updated on November 20, 2022 at 8:16 am Jonathan …

nbclosangeles.com