Government ❯ Politics ❯ Fiscal Policy

Deficits

Spending Debt Management Tax Cuts State Deficits Structural Deficits Structural Deficit Spending Cuts Economic Forecasts Spending Priorities

7 ARTICLES

2mo ago

Newsom’s May Budget Balances Near Term but Leaves a Large Structural Shortfall

The Legislative Analyst’s Office says the plan depends on one-time reserve actions and volatile capital‑gains and AI‑linked revenues that raise the risk of a future revenue shock.

10 ARTICLES

last yr.

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