California Gov. Gavin Newsom’s latest budget plan leaves the state “overextended” and vulnerable in the event of a stock ...

Governor Gavin Newsom says the budget proposal he released last week zeroes out California’s deficit for the next two years.

California Gov. Gavin Newsom on Thursday proposed a revised budget proposal without a deficit for his last year of office and ...

California Democrats were aware of a roughly $2 billion budget accounting error for months, even though Gov. Gavin Newsom’s January spending plan already projected ...

The Legislative Analyst's Office said lawmakers should be building reserves during a time of booming revenues, not using ...