California's recent tax revenues exceeded forecasts, but the state faces structural deficits that drive budgetary borrowing ...

Gov. Gavin Newsom may run out of ways to paper over his last state budget deficit before he runs for president.

The report found that the California state government carries more debt than any other state with $497 billion in liability. The findings stem from 2023, the most recent year for which complete data ...

Late last week, the state’s nonpartisan Legislative Analyst’s Office issued its annual “California Spending Plan” report on ...

(Reuters) -The U.S. deficit-to-gross domestic product ratio has room to come down to the 3% range, Treasury Secretary Scott ...

A new law restricts cities from penalizing people for helping homeless residents. The law comes after CalMatters reporting on the issue.