Tag: Government Budget/Taxes
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California’s budget deficit is widening
February 19, 2023 11:51 a.m. ET California Governor Gavin Newsom smiles outside the California State Capitol in Sacramento, Jan. 6. Photo: Yalonda M. James/Associated Press California Governor Gavin Newsom’s budget last month predicted a $22.5 billion deficit, but apparently his forecast was too bright. The Legislative Analyst’s Office (LAO) warned last week that the state’s […]