As Gov. Gavin Newsom prepares to unveil his revised budget proposal, California is experiencing unexpectedly shaky economic conditions, with a likely deficit of more than $10 billion next year.

California Gov. Gavin Newsom says the state is staring down an $12 billion budget deficit. The Democratic governor shared the number Wednesday as he laid out his nearly $322 billion state spending plan for the upcoming fiscal year.

California is experiencing unexpectedly shaky economic conditions, as health care costs rise and Trump’s tariffs create ongoing uncertainty.

California is facing a $12 billion deficit that Gov. Gavin Newsom wants to help close by freezing enrollment in a state-funded health care program for immigrants living in California without legal status.

Schools will receive a 2.3% cost of living adjustment; cuts for CSU and UC will be less than they had expected under the governor's January proposal.

New Mexico, Washington and Minnesota show how to protect Medicaid over millionaires. California should take note.