MENU
ABOUT US
MAKE A DONATION
Login
SEARCH
CLOSE
Help Center
subscribe
newsletter
Newsstands
Epoch Shop
Gift
TOP NEWS
SPECIAL SERIES
SPECIAL COVERAGE
LATEST ARTICLES
US
US News
US Features
US Politics
US Crime News
New York
San Francisco
Los Angeles
Opinion
Thinking About China
Viewpoints
Unbridled Evil: The Corrupt Reign of Jiang Zemin in China
The Reader’s Turn
China News
US-China Relations
Chinese Regime
Business & Economy
Chinese Culture
China Human Rights
Social Issues
Organ Harvesting in China
World News
Africa News
Americas
Asia & Pacific
Canada
Europe
UK News
Australia News
International
Middle East
Business & Markets
Companies
Economy
Markets
Real Estate
Gold and Commodities
ARTS & CULTURE
Fine Arts & Craftsmanship
Performing Arts
Books
Traditional Culture
Shen Yun Special Coverage
Film & TV
Science
News
Space
Environment
Tech
Tech News
Tech Products & Reviews
Social Media
Sports
Videos
American Thought Leaders
China Insider
Crossroads
Bright
Lifestyle
Inspired
Family & Education
Personal Finance
American Essence
Entertainment
Film & TV
Entertainment News
Health
Experts
Conditions
Life & Wellness
Special Topics
Battlefields
Search Text
SEARCH
EpochTV
US
US Politics
Opinion
World News
China
Hong Kong
Health
Bright
Arts
Falun Gong
Premium
Markets
Games
Livestream
More
California Budget Deficit
62 Percent of Californians Expect Bad Times for the State, Survey Finds
A poll shows that 80 percent of Republicans see economic troubles ahead, but only 45 percent of Democrats are worried.
February 27, 2024
BY
Travis Gillmore
California’s Budget Deficit Swells to $73 Billion, Says Legislative Analyst Report
The new estimate comes after revenue collections in December and January fell short of projections by $24 billion.
February 21, 2024
BY
Travis Gillmore
Why California’s Budget Deficit Is Snowballing: Legislative Analyst | Gabriel Petek
Siyamak sits down with Gabriel Petek, California's legislative analyst. He shares with us why California is facing such ...
February 10, 2024
BY
Siyamak Khorrami
Confusion Reigns During California Legislature’s Review of Newsom’s Budget Proposal
Lawmakers said if financial experts are having a hard time understanding the governor's proposal to close the multi-billion ...
January 24, 2024
BY
Travis Gillmore
San Francisco School District Facing $420 Million Budget Deficit
The deficit is an accumulation of the district’s overspending and reliance on one-time federal and pandemic funds, Superintendent ...
December 29, 2023
BY
Micaela Ricaforte
High Interest Rates, Weak Economy to Blame for California’s Budget Deficit: Legislative Analyst
The exodus of high-income earners also has an impact on the declining state tax revenue, Legislative Analyst Gabriel ...
December 27, 2023
BY
Travis Gillmore
California Cities, Counties Bracing for Impact of State’s Record Budget Deficit
Counties rely on state funding for about one-third of their revenue, according to research and analysis nonprofit California Budget ...
December 26, 2023
BY
Travis Gillmore
Newsom Orders Spending Freeze in Light of California’s $68 Billion Deficit
Planned buybacks of accrued vacation and leave time for state workers are also canceled, except for corrections employees.
December 14, 2023
BY
Travis Gillmore
California Facing Record $68 Billion Deficit, Potential ‘Fiscal Budget Emergency’: Legislative Analyst
Citing a 'severe revenue decline' in the state, analysts anticipate the deficit to accumulate to more than $155 ...
December 8, 2023
BY
Travis Gillmore
California’s Tax Revenues Fall Short; Multibillion-Dollar Deficit Widening: Legislative Analyst
The decrease in tax collections is second only to the nearly 29 percent drop in 2002 following the ...
December 4, 2023
BY
Travis Gillmore
California’s Budget Now Affordable, Multibillion-Dollar Deficit Resolvable: Legislative Analyst’s Office
With a previously estimated $31 billion deficit, now California's spending plan for the upcoming year is affordable, according ...
August 21, 2023
BY
Travis Gillmore
California Lawmaker to Reintroduce Bill to Pay Striking Workers Unemployment Benefits
As Southern California’s “summer of strikes” continues, thousands of entertainment and hotel workers have gone without pay for ...
August 17, 2023
BY
Jill McLaughlin
California Voters Say Economy Is Most Important Issue, 28 Percent Support Reparation Payments: Poll
California voters say the economy is the most important issue facing the state and 28 percent of them ...
June 13, 2023
BY
Jill McLaughlin
California Deficit Expands to $31.5 Billion, Newsom Proposes Broad Spending Cuts in Revised Budget
California Gov. Gavin Newsom announced proposed revisions to the state’s 2023–24 fiscal budget on May 12 during a ...
May 12, 2023
BY
Travis Gillmore
California Might Face $7 Billion Larger Budget Deficit Than First Predicted
As revenues continue to fall, California may face a $7 billion larger budget deficit than the governor forecasted ...
February 27, 2023
BY
Jill McLaughlin
California’s Newsom Unveils $297 Billion Budget With Cuts to Close $22.5 Billion Deficit
Gov. Gavin Newsom announced on Jan. 10 a $297 billion budget proposal, with substantial cuts and delayed spending ...
January 14, 2023
BY
Jill McLaughlin
TOP NEWS
Authorities Arrest Fugitive Behind Alleged $547 Million Medicare Fraud
NEW
By
Naveen Athrappully
House Judiciary Chair Refers Jack Smith to DOJ for Possible Prosecution Over Deposition
NEW
By
Owen Evans
Rubio Meets Russian Counterpart to Discuss Ukraine War
NEW
By
Guy Birchall
Senate Committee Advances Bill to Codify Ban on Chinese Smart Vehicles
1hr
By
Melanie Sun
Energy Department Issues Emergency Order to Mitigate Blackout Risks Amid Hot Weather Conditions
1hr
By
Naveen Athrappully
EU Car Sales Rise as Electric Vehicles, Chinese Brands Gain Ground
3hr
By
Evgenia Filimianova
Confirmed Deaths in Ebola Outbreak Eclipse 1,000
3hr
By
Zachary Stieber
Oil Jumps as Houthis Claim Strikes on Saudi Tankers in Red Sea
3hr
By
Tom Ozimek
Financial Managers Seek Ways to Leave China Amid Anti-Corruption Probe
4hr
By
Michael Zhuang
US Company Recalls More Than 19 Million Eggs
4hr
By
Zachary Stieber