Proposed California budget plan includes $30 billion more in spending with $2.9 billion deficit

California Gov. Gavin Newsom’s office said the state faces a $2.9 billion budget deficit this year, an amount significantly ...

Governor proposes 2026-27 California budget with significantly lower deficit

Gov. Gavin Newsom proposed a state budget for the fiscal year beginning July 1 with a $2.9 billion deficit, an amount ...

Gavin Newsom forecasts a rosier California budget and banks on AI boom continuing

The governor’s 2026-27 budget proposal projects $9 billion more in revenue than anticipated, banking on the AI-driven economy ...

Newsom unveils final California budget proposal, projecting smaller-than-anticipated deficit

SACRAMENTO, Calif. — Gov. Gavin Newsom on Friday unveiled his proposed $348.9 billion budget for the 2026–27 fiscal year, ...