California’s budgetary woes are worse than expected, forcing state lawmakers to grapple with a nearly $18 billion shortfall ...

The last time California faced a $35 billion money problem was in 2011, when then-Gov. Jerry Brown declared a "wall of debt" ...

The Legislative Analyst’s Office released its outlook on the 2026-27 budget, highlighting the state’s weak position and an ...

State leaders are bracing for a multibillion-dollar challenge as California faces an estimated $18 billion deficit heading ...

The booming AI market is not stable, warns the state’s Legislative Analyst, urging lawmakers to pare income projections.

California’s independent legislative analyst is warning that the state faces a nearly $18 billion deficit. It is “critical” ...

California will face a projected $18 billion deficit next year, according to a report by the nonpartisan Legislative ...

The Legislative Analyst's Office forecasts healthy one-time revenues in 2026-27, but a cooling of AI stocks and a structural ...

New federal policies on tariffs and ongoing high borrowing costs are leading to weaker corporate and sales tax trends and ...

In an update to California’s fiscal 2026-2027 budget outlook Wednesday, a new report released by the state’s nonpartisan ...

California’s budget deficit has grown to nearly $18 billion, according to a new report from the Legislative Analyst’s Office ...