Chamath Palihapitiya Says People Worth $500 Billion 'Scrambled And Left California' Over Billionaire Tax, Warns That It Will Deepen Budget Deficit

Venture capitalist Chamath Palihapitiya says a proposed California billionaire tax is already driving ultra-wealthy residents ...
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California’s budget outlook is grim. Here’s what you need to know

How did we get here? Where do we go from here? Spend one minute to catch up on everything you need to know about California’s ...

California lawmakers return to Capitol facing budget deficit, affordability pressures

SACRAMENTO, Calif. — California lawmakers return to the Capitol on Monday to begin a new legislative session shaped by an ...

Newsom’s 2025: Wildfire crisis, budget cuts and bombastic opposition to Trump

Gavin Newsom's year included the aftermath of the LA fires, budget cuts, Trump battles and a Prop 50 win. What's next for California's governor in his final year?

Italy’s Parliament approves 2026 budget with deficit-cutting measures

ROME (AP) — Italy’s Parliament on Tuesday approved the government’s 2026 budget, including deficit-cutting measures. The ...

GDP: Zohran Mamdani’s ‘big government’ bet may run into New York City’s budget deficit challenge

The main worry about any set of government finances is whether the budget is balanced or not. In other words, does the ...