Davidson News

Davidson News

Decoding California’s Financial Jigsaw: High Living Costs, Soaring Debt, and Looming Budget Deficits

Californians are grappling with a financial puzzle as they face challenges like high living costs, elevated poverty rates, and substantial debt, setting the stage for crucial budget debates. Forbes reports that California has the third-highest living costs in the U.S., trailing behind Hawaii and Massachusetts. This includes an average annual household spending of $53,171 on … Read more