This story is free to read because readers choose to support LAist. If you find value in independent local reporting, make a donation to power our newsroom today. California will face a nearly $18 ...

If interest rates become policy decisions, what survives may look less like capitalism and more like permanent crisis ...

U.S. President Donald Trump's proposed increase in defense spending for 2027 is unlikely to be offset by savings or revenues ...

This story was originally published by CalMatters. Sign up for their newsletters. California will face a nearly $18 billion budget deficit in the new fiscal year due to higher than expected spending, ...

The Newsom administration once overstated income by $165 billion over four years. Now Newsom has announced $42 billion in new ...

The jury is still out on whether Hamas will blow up the landmark ceasefire agreement that President Donald Trump's team negotiated to bring an end to the war in Gaza. But it's possible that while the ...

It seems like just yesterday that Gov. Gavin Newsom and state legislators enacted a state budget that papered over a $20 billion gap between income and outgo while blaming President Donald Trump for ...

The federal budget gap narrowed more sharply than forecasters anticipated in November, offering a rare piece of good news in a fiscal landscape still dominated by red ink. The monthly shortfall came ...