California Governor Gavin Newsom announces the state will have a $2.9 billion dollars deficit this year
California is the richest state in the country, taking in the most tax revenue and has a new budget of $349 billion, and is still billions short
Where does the money go???
https://www.mercurynews.co...
California is the richest state in the country, taking in the most tax revenue and has a new budget of $349 billion, and is still billions short
Where does the money go???
https://www.mercurynews.co...
How Newsom aims to close California's $2.9 billion budget shortfall
How Newsom aims to close California's $2.9 billion budget shortfall
https://www.mercurynews.com/2026/01/09/newsom-budget-deficit-california/
09:12 PM - Jan 12, 2026
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