california budget

Despite announcing a record-smashing budget surplus of nearly $100 billion on Friday, California Gov. Gavin Newsom’s plan to spend that money would likely push the state toward a “fiscal cliff” next year that could require billions of dollars in budget cuts, a state analyst said Monday.

Gov. Gavin Newsom announced that number Friday as he laid out how he wants to spend the state’s roughly $300 billion state budget. Christie Smith reports.

California expects to enter the next budget year with a record-setting $97.5 billion budget surplus. Democratic Gov. Gavin Newsom announced that number Friday as he laid out how he wants to spend the state’s roughly $300 billion state budget. Bob Redell reports.

California Gov. Gavin Newsom on Friday is expected to announce another record-breaking budget surplus, giving him and lawmakers more money to spend, including billions for inflation relief. Bob Redell reports.

California has a record-breaking budget surplus of $97.5 billion. Democratic Gov. Gavin Newsom announced the surplus on Friday. He used his budget presentation to prop up his progressive credentials while also attacking his rivals in conservative states. Newsom declared California to be a true pro-life state because it funds robust preschool programs and does more to protect the public against...

NBC Bay Area political analyst Larry Gerston examines what the Golden State can do with its surplus funding.

Gov. Gavin Newsom on Thursday highlighted some of the transportation and infrastructure investments proposed in his budget plan. Scott Budman reports.

In raw video Thursday from a news conference at a South Bay Caltrain station, California Gov. Gavin Newsom highlights some of the transportation investments proposed in his budget plan. (Jan. 13, 2022)

Gov. Gavin Newsom on Thursday is slated to be in the South Bay to highlight some of the transportation and infrastructure investments proposed in his budget plan.

California Governor Gavin Newsom is in southern Los Angeles County on Wednesday, highlighting his COVID-19 Emergency Response Package at a COVID testing site.

Gov. Gavin Newsom wants to make California the first state to cover all low-income state residents under its Medicaid plan regardless of their immigration status

California will have a $31 billion budget surplus next year as revenues continue to climb despite the pandemic, according to a new forecast from the state’s independent Legislative Analyst’s Office.

California lawmakers approved a $262.6 billion operating budget on Monday. The budget represents an agreement between Gov. Gavin Newsom and the state’s top two legislative leaders, all Democrats.

California lawmakers approved a $262.6 billion operating budget on Monday. The budget represents an agreement between Gov. Gavin Newsom and the state’s top two legislative leaders, all Democrats.

California public health departments are asking for an unprecedented infusion of cash following the coronavirus pandemic

Democrats in the California Legislature said Tuesday they think the state will have about $20 billion more to spend over the next four years, highlighting a disagreement with Gov. Gavin Newsom about the trajectory of the state’s finances as it emerges from the coronavirus pandemic.

California Gov. Gavin Newsom’s booming $268 billion budget proposal would pay for education, health insurance and other big-ticket services for many state residents

California Gov. Gavin Newsom’s administration says the massive new federal coronavirus relief bill will pump more than $150 billion into the state’s economy

California, which has a declining prison population, could save more than $1 billion by closing eight lockups, the Legislative Analyst’s Office said in a report Thursday.

California Gov. Gavin Newsom and the Democratic-controlled state Legislature have agreed on a budget deal that would cover the state’s estimated $54.3 billion deficit