A transformed operating model is needed to address lower federal research support and a growing shortfall, USC's interim ...

California will halt new enrollments for undocumented adults in Medi-Cal, effectively capping the program's growth.

Layoffs will be implemented at USC, interim President Beong-Soo Kim said in a letter to the university's faculty and staff on ...

CALIFORNIA’S BUDGET DEFICIT IS GROWING, ... In response to the administration's call for early budget action, Assembly Speaker Robert Rivas said the early action will be taken, ...

SACRAMENTO, Calif. — California's projected $22.5 billion budget deficit could triple in size if a recession hits, state financial officials warned state lawmakers on Wednesday.

“CDCR and the corrections budget in general has been a black hole, a money pit,” said Brian Kaneda, CURB’s deputy director.

Here is how California Gov. Gavin Newsom plans to address a $12 billion budget shortfall Calif. Gov. Gavin Newsom presents his revised 2024-2025 state budget during a news conference in Sacramento ...

Gov. Gavin Newsom on Friday released a $306.5 billion California budget with a growing shortfall he plans to address by shifting money and ... taking away funds slated for drought response.

Budget went from $54.3 billion deficit six months ago to $15 billion surplus, but Gov. Newsom warned that “our future is very, very, very tenuous.” ...

His revised budget, released in May, had a $19 billion deficit even with a number of spending cuts, mostly in services for the poor and elderly. The budget deal expands the deficit to $21 billion.

California Gov. Gavin Newsom proposed a leaner budget Tuesday that would cut spending on climate change and transportation programs in response to a projected $22.5 billion budget shortfall.

Gov. Gavin Newsom today announced that California is facing a $12 billion budget deficit, spurred by soaring costs for social services as the state’s economy teeters from President Donald Trump ...