Maryland taxpayers saw many tax and fee increases in 2025 but the state still faces a major budget deficit, and that means ...

It’s not just the federal government with major budget deficit problems. When he leaves office in 19 months, Gov. Gavin Newsom will bequeath to his successor endemic state budget deficits. The ...

When it started the year, the plan was deep in a fiscal hole, now this year’s hole has been filled. But plan leaders anticipate another year of challenges.

HARRISBURG — Even as the Legislature prepares to vote on a $28.2 billion budget that draws heavily on one-time dollars, Senate officials say a $1 billion deficit could pile up in the next 12 ...

This story was originally published by CalMatters. Sign up for their newsletters. California has long had the reputation — backed by copious data — of being a high-tax state, which made Gov. Gavin ...