Gov. Gavin Newsom is counting $7 billion drawn from a reserve account as revenue, making California's $20 billion budget deficit seem smaller.

The California Governor has signed a bill requiring the state's High-Speed Rail Authority to create a funding plan.Gov. Gavin Newsom signed Assembly Bill 377 on Wednesday, requiring the rail authority ...

Gov. Gavin Newsom is reportedly preparing to sign a state budget shaped by the shadow of a multi-billion-dollar deficit. The $12 billion shortfall, lawmakers say, has been driven by the Trump ...

Were a private corporation to cook its books like the state government does, its executives could wind up in jail for fraud.

Governor Gavin Newsom signed two budget trailer bills on June 30, 2025, enacting the most substantial reforms to the ...

California state lawmakers are close to reaching a budget deal, but Governor Gavin Newsom has indicated he isn't satisfied. The state is facing a $12 billion deficit, which is about five percent ...

Lawmakers passed the final state budget deal, but for the first time, Newsom is speaking out about last-minute demands he's making before he signs it.

Newsom said the Trump-backed bill, which the president wants on his desk by July Fourth, will impact California’s budget now and in the future. State lawmakers passed their budget on June 13 and have ...

Gov. Gavin Newsom (D-CA) signed California’s budget on Friday, which included cuts to migrant healthcare despite once pledging to give healthcare to all state residents, including illegal ...

When Gov. Gavin Newsom and legislative leaders were drafting a more-or-less final 2025-26 state budget last month, they were closing what they described as a $12 billion deficit, a number that the ...

When Gov. Gavin Newsom and legislative leaders were drafting a more-or-less final 2025-26 state budget last month, they were closing what they described as a $12 billion deficit, a number that the ...