The U.S. is just eight days away from defaulting on its debt, Treasury Secretary Janet Yellen said Monday.
In the wake of an unprecedented $54.3 billion shortfall, Gov. Gavin Newsom has proposed slashing billions of dollars from California’s budget.
Gavin Newsom warned us that the new budget numbers would be “jaw-dropping.” And he was right.
Governor Gavin Newsom unveiled a $222.2 billion budget proposal for 2020-21 on Friday – the second annual spending plan he has presented as governor and the largest in state history.
State lawmakers approved a record $214.8 billion budget Thursday.
Governor Gavin Newsom released his first state budget proposal Thursday.