• State budget Jun 27, 2020

    California Lawmakers Finish Work Closing $54B Deficit

    The California Legislature on Friday finished work on a state spending plan that closes an historic $54.3 billion deficit by temporarily raising taxes on businesses, cutting funding to courts, colleges and state worker salaries, and delaying billions of dollars in payments to public schools. The $202.1 billion budget marks an incredible reversal for the nation’s most populous state, which just…

  • coronavirus Jun 26, 2020

    Gov. Newsom Declares Budget Emergency to Help California Respond to COVID-19

    Gov. Gavin Newsom on Thursday declared a state budget emergency, citing California’s $54.3 billion budget deficit, clearing the way fpr more funds to fight the coronavirus pandemic, according to a release from his office.

  • State budget Jun 14, 2020

    California Lawmakers Take up Budget in Tense Economic Times

    The California Legislature will meet Monday to pass a budget for these uncertain times, without knowing how much money they have to spend and without an agreement with Gov. Gavin Newsom, whose veto pen could force lawmakers to start over. The result will be a speculative spending plan that leaves cash-strapped local governments and public school districts hanging as they…

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