Newsom forecasts rosier budget picture as California basks in tech, AI revenues

Newsom's administration forecast a "modest" $2.9 billion shortfall in the coming year, down sharply thanks to continuing ...
Action News Now

Gov. Newsom to reveal budget proposal amid $18B deficit, controller urges fiscal discipline

SACRAMENTO, Calif. - California Gov. Gavin Newsom is set to release his proposed budget today amid significant financial ...

Newsom moves to reshape who runs California’s schools under budget plan

Gov. Gavin Newsom proposes unifying the policymaking State Board of Education with the California Department of Education, a ...
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California’s budget outlook is grim. Here’s what you need to know

How did we get here? Where do we go from here? Spend one minute to catch up on everything you need to know about California’s ...

California’s growing dependence on AI tax revenue creates budget volatility

As talk of a possible AI bubble grows, so does uncertainty around an important source of California's tax money.