economy-politics2.065 min read "California's Budget Crisis: Projected Deficit Soars to Record $73 Billion"
California's budget crisis is projected to worsen, with the state's nonpartisan Legislative Analyst's Office warning that the deficit could reach a record $73 billion, up from the previous estimate of $58 billion. Governor Gavin Newsom's office disputes this, citing forecasted tax receipts, and urges the Legislature to act on early action budget measures. This comes as California experiences a population decline and mass exodus, with Texas being the most popular destination for residents fleeing the state.
2 years ago•Source: Fox News
