The much-celebrated California boom is facing a harsh reality. Everything was looking good, based on enormous growth in capital gains in tech stocks and property, and some in Sacramento assumed the ...
SACRAMENTO, Calif. (KTXL) — On the heels of recording a historic estimated $97 billion budget surplus, a recession could be on the horizon. State financial leaders said it could happen soon and ...
SACRAMENTO — California’s state budget has been awash in cash, as lawmakers this year enjoyed a $97.5 billion budget surplus — an excess amount that’s larger than the entire general-fund budgets of ...
SACRAMENTO — No other activity of California’s government stirs together public policy and raw politics in the heaping amounts used to craft the state budget. A careful look at the spending plan’s ...
Gov. Gavin Newsom unveils his revised budget proposal for 2023-24 during a press briefing at the state Natural Resources Agency in Sacramento on May 12, 2023. Courtesy Rahul Lal/CalMatters. This time ...
“Lucky you live Hawaii,” the saying goes. Long time readers of this column may chuckle at that because we have been pointing out lots of ways the government here could be improved. But sometimes our ...
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