California has increased its discretionary reserves as a direct consequence of Trump’s ongoing threats to FEMA.

Lower-income people will be the hardest hit. Over the next 10 years, 3.4 million Californians could lose coverage.

Three states are raising cannabis taxes this year in response to budget deficits, with more predicted shortfalls looming in ...

CALLING STRIKES: State Attorney General Rob Bonta released his long-awaited opinion on fantasy sports betting today, ...

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

California will halt new enrollments for undocumented adults in Medi-Cal, effectively capping the program's growth.

To help fill the budget deficit, Newsom and lawmakers agreed to shift some funding from Proposition 4, a $10 billion climate ...

California Gov. Gavin Newsom signed on Friday a budget that pares back a number of progressive priorities, including a landmark health care expansion for low-income adult immigrants without ...

The California Legislature has officially made Gov. Gavin Newsom ‘s proposal to up the annual Film & TV Tax Credit funding to $750M annually. Both the state Senate and the Assembly voted Friday ...

Walters: State budget deal cooks the books again, masking ‘structural’ deficit If approved by California lawmakers, government spending will exceed revenues by $21 billion in 2025-26 fiscal year ...

CalMatters California budget deal cooks the books again to hide big ‘structural’ deficit by CalMatters June 26, 2025 5:00 am Click to share on X (Opens in new window) X ...

The Los Angeles City Council has approved a resolution declaring a state of fiscal emergency in response to decreased revenue and rising liabilities.