Gavin Newsom confronts $18B budget disaster he helped create

California Gov. Gavin Newsom is waking up to a $18 billion budget hangover — and fixing it won’t be pretty.After years of ...

AI windfall helps California narrow projected $3-billion budget deficit

The Newsom administration released the proposal Friday for the upcoming 2026-27 budget year, which acts as a starting point ...
KTVU

State budget report shows $18 billion shortfall

OAKLAND, Calif. - A new report states California will face an $18 billion budget deficit next year, the fourth year in a row the state's expenses have surpassed its revenues. The Legislative Analyst’s ...
AOL

Report: California faces $18 billion budget deficit in 2026-27

(The Center Square) - The Legislative Analyst’s Office released its outlook on the 2026-27 budget, highlighting the state’s weak position and an $18 billion shortfall. The nonpartisan office releases ...
Opinion

Walters: Newsom’s $18 billion budget gap has roots in pandemic aid ending

The governor, state Legislature interpreted COVID-era windfall as a permanent revenue increase — and spent, accordingly.
KEYT

California Faces $18 Billion Budget Gap as Leaders Weigh Deep Cuts

SANTA BARBARA, Calif. (KEYT) - State leaders are bracing for a multibillion-dollar challenge as California faces an estimated $18 billion deficit heading into the 2026–27 fiscal year. Officials warn ...