California Faces Potential $55 Billion Budget Deficit as Proposed $3 Billion Savings Plan Risks Falling Short
California Faces $55 Billion Budget Shortfall: Proposed $3 Billion Savings at Risk Governor Newsom’s $3 Billion Savings Plan May Fall Short, Threatening $55 Billion Deficit California is facing the possibility of a larger budget deficit in the next fiscal year if proposed savings from state operation cuts do not materialize warns a nonpartisan state agency, … Read more