Newsom says budget is balanced, will still tap $7 billion in reserves
In reality, the state’s financial future is murkier.
California officials: L.A. wildfires will likely extend tax deadlines, impacting state budget
The catastrophic wildfires devastating Los Angeles will likely delay tax deadlines for people in affected areas, which will ...
tbsnews2h
VAT, SD hike draw harsh criticism across sectors
The interim government's decision to increase value-added tax (VAT) and supplementary duty (SD) has drawn sharp criticism from business leaders, politicians and academics, with some labelling the move ...
WKAR20h
State faces rosier revenue, budget picture with new projections
New revenue projections suggest a windfall to help pay for schools and state government. That determination was made Friday ...
4 takeaways from Newsom’s budget proposal
Newsom and lawmakers, as part of budget negotiations last year, reached a handshake agreement to make cuts, defer programs ...
Three years later, surplus spending casts a shadow over Newsom’s new state budget
Gavin Newsom's mistaken belief in a $97 billion phantom surplus three years ago still complicates the newest budget proposal.
California clawing out of deficit with smaller government and boosted revenue
Gov. Gavin Newsom’s (D-CA) administration is set to climb out of a $2 billion deficit hole with the help of substantial ...
Brace yourselves, here comes another CA budget proposal
It’s that time again! A new budget proposal from Gov. Gavin Newsom will be a starting point for negotiations with state ...
Government Executive22h
IRS chief predicts agency 'performance will backslide' if funds and staffing are cut
The agency says it is fully prepared for filing season in the near term but backlogs could return if the Trump administration ...
The New York Times18h
New York Times - Top Stories
Supreme Court Seems Poised to Uphold Law That Could Ban TikTok The justices are expected to rule quickly in the case, which pits national security concerns about China against free speech ...