SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom’s office said the state faces a $2.9 billion budget deficit this year, ...

Will California Gov. Gavin Newsom raise taxes or cut spending to fix an $18 billion budget shortfall? Either could spell trouble for his legacy.

California Gov. Gavin Newsom’s office said the state faces a $2.9 billion budget deficit this year, an amount significantly ...

OAKLAND, Calif. - A new report states California will face an $18 billion budget deficit next year, the fourth year in a row the state's expenses have surpassed its revenues. The Legislative Analyst’s ...

In his proposed budget, California Gov. Gavin Newsom is predicting a shortfall of $2.9 billion. That's much less than the $18 ...

California's deficit is projected to reach nearly $18 billion next year, as spending is expected to offset, if not eclipse, strong tax revenues.

Months after Los Angeles City Hall scrambled to close a $1 billion budget deficit and avoid layoffs of city employees, the City Council’s new Budget and Finance Advisory Committee held its first ...

Hopefully state leaders pay attention to these warnings for a change and get ahead of the problems before it’s too late.

The Wallingford-Swarthmore School District is headed for a $2.6 million budget deficit, district officials said during a presentation on Tuesday night. At a meeting of the district’s finance committee ...

The troubled school district has already cut 80 jobs and is now considering using parent volunteers for school security.

As Gov. Gavin Newsom prepares to release his spending plan this Friday, a projected $18 billion deficit awaits. Will he raise ...