California Gov. Gavin Newsom unveiled a record-high $350 billion state budget Friday that makes “historic” investments in ...

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

California Gov. Gavin Newsom's office projected a $2.9 billion budget deficit, far less than the $18 billion budget analysts projected two months ago.

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

The Newsom administration proposes a $349 billion spending plan, and projects a $2.9 billion deficit, for the 2026-27 fiscal ...

California will face a lower budget shortfall than in previous year in 2026 as the state is set to cut back undocumented ...

The Hancock County School District is on the brink of a financial crisis, with the district expected to run out of funds to ...

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

The Newsom administration released the proposal Friday for the upcoming 2026-27 budget year, which acts as a starting point ...

Republicans pushed back against Governor Gavin Newsom's budget, with one state senator calling it "dangerously optimistic." ...

Gov. Gavin Newsom's office said the state faces a $2.9 billion budget deficit this year, an amount significantly lower than what legislative budget analysts projected.