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California Faces $68 Billion Deficit Amid Steep Revenue Decline

The state heads into next year with projections of one of its worst budget deficits since the early 1990s recession. Reserves should help cushion the blow. [Source]

Publication Date:

Origin: nytimes.com

Category: Budgets and Budgeting

Topics: cushion, should, Reserves, recession, 1990s, early, since, deficits, budget, worst, projections, heads, state, Decline, Revenue, Steep, Deficit, Billion, Faces, California

Source: https://www.nytimes.com/2023/12/07/us/california-budget-deficit.html

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