Davidson News

Davidson News

California Faces $45 Billion Budget Deficit: Gov. Newsom Unveils Plan

California Faces $45 Billion Budget Deficit: Gov. Newsom Unveils Plan

California, the Golden State known for its booming economy, is now grappling with a staggering budget deficit of $45 billion. This daunting financial challenge comes just three years after enjoying a surplus of over $100 billion. Governor Gavin Newsom recently revealed his strategy to tackle this crisis, setting the stage for intense negotiations with Democratic … Read more