California’s 2025‑26 Budget Adds Nearly $10 B in New Borrowing, Pushing Debt Over $22B
California’s 2025–26 budget introduces nearly $10 billion in new borrowing, raising the state’s total outstanding state debt to more than...
California Tax Revenue Surge in 2025 Fueled by Tech and AI Boom, Experts Warn It May Not Last
California’s tax revenues are projected to hit record levels in 2025, largely driven by the booming technology and artificial intelligence...
California State Budget 2025: Rising Deficit and Spending
A new fiscal report shows California facing a widening budget shortfall as tax revenue declines and state spending continues to rise, raising concerns about long-term financial stability and the future burden on taxpayers.