SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom’s office said the state faces a $2.9 billion budget deficit this year, ...

Will California Gov. Gavin Newsom raise taxes or cut spending to fix an $18 billion budget shortfall? Either could spell trouble for his legacy.

Maryland’s economy shows strong assets but faces high taxes, a $1.5B deficit, workforce gaps and federal uncertainty.

California's deficit is projected to reach nearly $18 billion next year, as spending is expected to offset, if not eclipse, strong tax revenues.

California faces $18-35 billion budget deficit as Newsom pivots to presidential ambitions, leaving housing, homelessness and ...

OAKLAND, Calif. - A new report states California will face an $18 billion budget deficit next year, the fourth year in a row the state's expenses have surpassed its revenues. The Legislative Analyst’s ...

Sitting in the packed and tense cafeteria at George Westinghouse College Prep School in Humboldt Park, Marquis Griffin did not envision himself having to be at the school on a Tuesday night in July, ...

California governors tend to leave hefty budget deficits behind when they depart, forcing their successors to raise taxes, borrow money or make big spending cuts to maintain solvency. It happened in ...

The troubled school district has already cut 80 jobs and is now considering using parent volunteers for school security.

The Wallingford-Swarthmore School District is headed for a $2.6 million budget deficit, district officials said during a presentation on Tuesday night. At a meeting of the district’s finance committee ...

How did we get here? Where do we go from here? Spend one minute to catch up on everything you need to know about California’s ...