ECONOMIC DEFICIT

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Jan 10 2026POLITICS

California's Budget Betting Game: Is Newsom Playing with Fire?

California's Governor, Gavin Newsom, decided to skip the traditional budget reveal, leaving his finance chief to deliver the news. The state is facing a $3 billion deficit, but the real concern is that this number could balloon to $22 billion next year. The budget, nearly $349 billion, is a gamble,

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