deficit

California is expected to have a $25 billion budget deficit

California is expected to have a $25 billion budget deficit

California will likely run a $25 billion budget deficit next year, state officials said Wednesday, ending a streak of historic surpluses and acting as a warning to other states of a possible recession. The deficit will likely lead to painful spending decisions in the nation’s most populous state. But that likely won’t affect the state’s …

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California is expected to have a $25 billion budget deficit

California is expected to have a $25 billion budget deficit

California will likely run a $25 billion budget deficit next year, state officials said Wednesday, ending a streak of historic surpluses and acting as a warning to other states of a possible recession. The deficit will likely lead to painful spending decisions in the nation’s most populous state. But that likely won’t affect the state’s …

California is expected to have a $25 billion budget deficit Read More »

California expected to have $25 billion budget deficit: report

California expected to have $25 billion budget deficit: report

SACRAMENTO, Calif. (AP) — California will likely run a $25 billion budget deficit next year, state officials said Wednesday, ending a streak of historic surpluses and acting as a warning to others States of a possible recession. The deficit will likely lead to painful spending decisions in the nation’s most populous state. But that likely …

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