The state will need to reform its antiquated tax code, warily approach bond measures that tie the hands of policymakers, and get serious about spending oversight.

As Gov. Gavin Newsom gears up for a presidential run, other California Democrats are weighing tax hikes to counter budget ...

Gov. Gavin Newsom is proposing a nearly 9% increase in total state spending for the upcoming fiscal year – that’s a $350 billion budget, more than $8,800 per Californian. Yet, for unions and ...

Assembly Speaker Robert Rivas, left, D-Hollister, and Senate President Pro Tem Mike McGuire, D-Healdsburg, speak June 10, 2024, at the state Capitol about amendments to a package of bills to address ...

Add Yahoo as a preferred source to see more of our stories on Google. Gov. Gavin Newsom is reportedly preparing to sign a state budget shaped by the shadow of a multi-billion-dollar deficit. The ...

City leaders, county officials, housing providers and homelessness advocates are urging state leaders to restore the Homeless Housing, Assistance and Prevention grant program to its historic funding ...

California cannabis taxes will jump this week after a proposal to eliminate the planned hike was left out of the state budget bill. California marijuana consumers will face higher taxes beginning July ...

This story was originally published by CalMatters. Sign up for their newsletters. Gov. Gavin Newsom on Wednesday announced that California is facing a $12 billion budget deficit, spurred by an ...

When Governor Gavin Newsom unveiled his creative May Revision to the state budget last month, he not only ignored fiscal discipline and reality but issued a bureaucratic veto of the people’s will.

This is read by an automated voice. Please report any issues or inconsistencies here. California’s budget shortfall may hit nearly $18 billion next year — $5 billion worse than June estimates.

The idea that billionaires will flee California over a proposed wealth tax is bunk. Still, the ballot initiative is only a Band-Aid, and impedes a more serious conversation about the state's deeper ...

Gov. Gavin Newsom is reportedly preparing to sign a state budget shaped by the shadow of a multi-billion-dollar deficit. The $12 billion shortfall, lawmakers say, has been driven by the Trump ...