California Budget

With a dead-on-arrival budget draft, deep differences over revenues, chronic deficits and pressure to offset cuts in federal aid, it’s hard to even find a starting point.

The Newsom administration once overstated income by $165 billion over four years. Now Newsom has announced $42 billion in new revenues over three years.

The governor’s 2026-27 budget proposal projects $9 billion more in revenue than anticipated, banking on the AI-driven economy to last.

Newsom denounced Trump's cutbacks in federal child care funds and his refusal to send relief funds after the wildfires in Los Angeles County.

Newsom touted a 9% reduction in unsheltered homelessness, but lawmakers were restrained in their responses to him claiming success on the issue.

New Senate President Pro Tem Monique Limón is the first Latina, first mother and only second woman to lead California’s upper legislative chamber. A tough budget year will test her ability to keep the caucus united while whittling its spending priorities.

As Gov. Gavin Newsom prepares to release his spending plan this Friday, a projected $18 billion deficit awaits. Will he raise taxes or cut spending? Either could spell trouble for Newsom’s legacy.

Gov. Gavin Newsom's State of the State address may hint at how he'll balance his last year as governor with his presidential campaign image.

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 budget health this year.

During the pandemic, federal money flooded into state and local coffers. Once that funding ended, government spending didn't adjust downward.