Add Yahoo as a preferred source to see more of our stories on Google. The California Capitol stands in Sacramento as the legislative session opens, Jan. 5, 2026. Photo: Madeline Shannon / The Center ...

Gov. Wes Moore’s (D) $70.8 billion spending plan unveiled last week closes a more than $1.5 billion deficit for fiscal 2027 but does little to ease projected future budget pain, lawmakers were told ...

California could save $150 million annually by shuttering an additional state prison within the next few years, according to a new budget analysis. This recommendation comes as the state faces a ...

On paper, the annual process of drafting a state budget is rational. In practice, it’s more akin to voodoo. It starts, as state law requires, with the governor’s ...

SACRAMENTO, Calif. (CN) — California’s legislative analyst said Monday that lawmakers should adopt its own revenue predictions as opposed to the governor's rosier forecast and tackle the state’s ...

ALERTS SENT STRAIGHT TO YOUR PHONE. WELL, TODAY WE’RE GETTING A LOOK AT THE GOVERNOR’S OFFICE PROJECTIONS FOR THE BUDGET FOR CALIFORNIA. AND THERE IS A MAJOR DIFFERENCE IN THE BUDGET DEFICIT. TODAY, ...

Gov. Gavin Newsom gives his final State of the State address as governor at the California Capitol in Sacramento on Thursday, Jan. 8, 2026. HECTOR AMEZCUA hamezcua@sacbee.com Overall funding for key ...