Legislature’s budget analyst paints grim picture as spending continues to outpace revenues, creating operating deficits.

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

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

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

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

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

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

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

The California Legislative Analysts’ Office predicts a $2-billion budget deficit for the state through 2025-26. California could be in a much better financial position than earlier this year ...

Amid the dismal fiscal outlook, Newsom visited Washington earlier this month to lobby Biden for funds as he seeks to target ...

After a 3-2 start to the season, the Dallas Cowboys lost their fifth straight game on Monday night, falling 34-10 to the ...

The rally in technology stocks has created so much wealth in California that it has helped the state fill its coffers.