California is staring down an $12 billion budget deficit, Gov. Gavin Newsom said Wednesday. The Democratic governor shared ...

With tariffs wreaking havoc on California’s economy and health costs rising, the state is facing a deficit that could exceed ...

Fiscal hawks are lashing out over what they say are the lack of Medicaid reforms in President Trump’s legislative package, ...

One of three credit rating agencies, Moody's Ratings, on Wednesday downgraded the state's bond rating from AAA to Aa1, which ...