How to close California’s budget deficit? Democrats plan to have a plan
Three of the most influential Democrats in the state Capitol made some bizarre announcements on Wednesday. In short, they He is working on a plan to address the state's huge budget deficit. By making some spending decisions this spring, well before the June deadline for passing a budget. But they did not say how much […]
Newsom, Democrats use cuts, reserves and ‘budget emergency’ declaration to solve California deficit
Gov. Gavin Newsom and Democratic lawmakers agreed Saturday to make $16 billion in cuts to close California's $46.8 billion budget deficit, declare a statewide fiscal emergency and draw money from the state's reserve fund. The agreement on the $297.7 billion spending plan comes after weeks of intense negotiations with labor unions and business interests after […]
Biden’s Climate Agenda Is Contributing To Ballooning Deficit, CBO Says
President Joe Biden's massive climate change policies are contributing to the ballooning federal budget deficit, according to the Congressional Budget Office (CBO). The administration's green spending, Vice President Kamala Harris recently Estimation It costs $1 trillion and contributes to the growing federal deficit. according to In a new CBO report assessing the nation's budget outlook […]
California should close its budget deficit by closing prisons
facing a national budget deficit at least $38 billionGovernor Gavin Newsom should reconsider his costly approach to the state's traditional mass incarceration system. While claiming to create more kind, more kind Governor approves California prison branding $1 billion pay raise for correctional officers and billions more prison building Despite the fact that the incarcerated population […]
Poll: Voters say California’s budget deficit serious problem
Half of California's registered voters consider the state's budget deficit an “extremely serious” problem, and 57% say the state's I think we are heading in the wrong direction. The survey was conducted just days before Gov. Gavin Newsom announced the outline of a $291.5 billion spending plan for next fiscal year and plans to address […]
How Newsom plans to fix California’s projected $37.9 billion budget deficit
Gov. Gavin Newsom on Wednesday called on California lawmakers to put money into the state's rainy day and raise the minimum wage for health care workers as part of a plan to close an expected $37.9 billion budget deficit. He signaled his intention to potentially delay the hike. The budget shortfall was caused by a […]
With deficit looming, Mohave County supervisors pass budget in split decision | Local News Stories
The Mojave County Board of Supervisors balanced this year’s budget this week, overcoming an initial $4 million deficit for fiscal 2024. Not all board members are happy with this year’s budget, however, as they expect a deficit of $18 million next year. Of the $138 million in the County’s General Fund balance, the county is […]
FACT CHECK: Joe Biden Makes Claims About Guns, NRA And Federal Deficit At Recent Campaign Event
President Joe Biden made a series of statements. Claim Remarks at a June 20 campaign reception in Kentfield, Calif. “Check Your Fact” explored him five of them. “Everything we’ve done so far has allowed us to reduce the federal debt by $1.7 trillion in the first two years.” Biden was probably referring to the federal […]
Mohave County Board of Supervisors OK tentative budget, deficit concerns loom | Local News Stories
Mojave County’s interim budget, adopted at Monday’s Board of Oversight (BOS) meeting, does not address a deficit that officials predict could rise to $20 million 13 months from now. Nonetheless, the elephant in the room wasn’t necessarily ignored and will likely be addressed later this year rather than next year. Mojave County Commissioner Sam Elters […]
County approves preliminary budget, with plans to address future deficit | Local News Stories
Mojave County is one step closer to overcoming its $4 million deficit this week after a provisional budget was approved at the Mojave County Board of Supervisors meeting on Monday. But it remains to be seen how the board will handle a much larger deficit next year. The county treasurer balanced this year’s budget with […]