Mass deportations promised by President-elect Donald Trump could have a seismic economic effect in California — potentially inflicting billions of dollars in direct damages to a wide range of industries, …
By Maxwell Adler and Eliyahu Kamisher | Bloomberg The rally in technology stocks has created so much wealth in California that it has helped the state fill its coffers. California’s …
Multiple state agencies spent nearly $24 billion on housing and homeless programs in the first five years of Gavin Newsom’s governorship, but the number of people without homes continued to …
The California School Boards Association is suing California over what the association says is a failure to comply with the state’s school funding formula, Proposition 98, raising the possibility of …
California has allocated more than $20 billion to alleviate the state’s homelessness crisis since Gavin Newsom became governor in 2019, but there’s precious little data on how the money was spent and …
Gov. Gavin Newsom has devoted much of his second term to building a national political profile and more or less succeeded. Why he did is less evident. He says he was helping …
During Jerry Brown’s first stint as governor of California, he became enmeshed in a very complicated dispute over how the state should tax the incomes of multinational corporations. …
Thirty-two years ago, as then-Arkansas Gov. Bill Clinton was trying to unseat President H.W. Bush, Clinton strategist James Carville summarized the campaign in four immortal words, “It’s the economy, stupid.” Clinton successfully …
California’s budget was hemorrhaging red ink 15 years ago as the Great Recession clobbered personal income tax revenues and then-Gov. Arnold Schwarzenegger and legislators were desperately trying to balance their …
For the last two decades, California’s governors and legislators — and lobbyists for countless groups with stakes in the state budget — have engaged in a running debate over ever-increasing …