Tag: Budget Deficit
State Expects to Receive Surplus Revenue, But Sees Deficits on the Horizon
Despite enjoying a record $34 billion budget surplus and prudent reserves from burgeoning but one-time tax revenues, California budget officials expect to see fiscal...
Governor Lays Out Plan for Solving Record State Budget Deficit
Governor Gavin Newsom has proposed solving a record budget deficit by tapping reserves, borrowing money from special funds, deferring spending and raising some targeted...
