California's large budget deficit looms for Gavin Newsom. Why it may be getting worseCalifornia Gov. Newsom facing larger budget deficit than projected, challenges in revising budget by May 14 due to lower tax receipts.
NYC's red ink is much worse than advertised, so why is Mayor Adams nixing cuts?Mayor Eric Adams' $109.4 billion plan for Fiscal 2025 is $3.6 billion short for current services.A Citizens Budget Commission report warns of a $31.2 billion deficit, double what the mayor's plan indicates.
California's large budget deficit looms for Gavin Newsom. Why it may be getting worseCalifornia Gov. Newsom facing larger budget deficit than projected, challenges in revising budget by May 14 due to lower tax receipts.
NYC's red ink is much worse than advertised, so why is Mayor Adams nixing cuts?Mayor Eric Adams' $109.4 billion plan for Fiscal 2025 is $3.6 billion short for current services.A Citizens Budget Commission report warns of a $31.2 billion deficit, double what the mayor's plan indicates.
Gavin Newsom, California lawmakers cut $17 billion deal to shave looming state budget deficitCalifornia agreed on a plan to cut $17 billion from a $73 billion budget deficit.Legislators aim to finalize the budget by mid-June for the next fiscal year starting July 1.