Government ❯Politics ❯State Government ❯California

Budgeting

California’s 2025–26 Budget Covers Almost $20 Billion Gap Through Accounting Maneuvers

Reserve diversions alongside budget deferrals conceal the true size of California’s fiscal shortfall.

Newsom Signs $321 Billion Budget That Hinges on Housing and Infrastructure Bills

California Projects $12 Billion Budget Deficit as Newsom Cites Tariffs and Medi-Cal Costs