Is Newsom Overestimating CA Government Revenues Again?
California projects $42.3 billion additional revenue over three years, largely closing a multibillion-dollar budget gap caused by prior revenue overestimates and higher spending.
California facing projected $18B deficit as Newsom heads into his last year as governor
California faces a projected $18 billion budget deficit next year, pressured by faster-growing spending, weaker tax trends, federal policy costs, and uncertain AI-driven revenue gains.
The UK state is likely on the hook for nigh on £9 billion over five years in Microsoft licenses. This alarming amount indicates significant financial concerns in digital governance.