Newsom, structural deficit
Digest more
Former Gov. Jerry Brown left office eight years ago with a big surplus and an ominous message in his last state budget: “What’s out there is darkness, uncertainty, decline and recession, so ‘Good luck,
This week, the public will have a clearer picture of how much exuberance around artificial intelligence has boosted California’s revenues.
Gavin Newsom on Thursday began unveiling his final proposed state spending plan as California governor. Newsom’s budget totals $349.4 billion, which would be the largest state spending plan in California’s history.
Gavin Newsom has mocked Donald Trump for seemingly sleeping during a recent press conference. The Governor of California reacted to the video of the incident, calling the President, “Dozy Don.” Gavin Newsom trolls Donald Trump in new post In a series of comments made on X (formerly Twitter),
Less than two months away from the return-to-office deadline, unions says the state is not prepared to welcome workers back to work in person.
Despite $16.5 billion more in revenue than expected, Newsom proposes cuts to prepare for an AI bubble burst. 'We need to tighten our belt,' he says.