4 takeaways from Newsom’s budget proposal
SACRAMENTO — The Newsom administration on Friday released the governor’s initial spending plan for the upcoming 2025-26 budget year, which typically acts as a starting point…
Despite revenue increase, Newsom plans to pull from California’s rainy day reserves
Gov. Gavin Newsom touted higher than expected tax revenues and a “modest surplus” in an unconventional preview of his $322.2 billion spending proposal for the…
Ducks storm back from 3-goal deficit to defeat Utah in shootout
SALT LAKE CITY — Mason McTavish was the only scorer in the shootout and the Ducks rallied from a three-goal deficit, beating the Utah Hockey Club…
UCLA men’s basketball rallies from 13-point deficit to stun Arizona
PHOENIX — There was some comforting familiarity Saturday afternoon in a rivalry renewed amid unusual circumstances.UCLA and Arizona engaged in another classic.In a sequence that seemed…
After reducing deficit, Newsom plans bring extra costs to California
Tax revenues have exceeded estimates in California, but Gov. Gavin Newsom’s spending proposals and other state costs could quickly swallow up any extra funds. An…
Don’t blame Canada for the U.S. trade deficit
Breadcrumb Trail LinksFP CommentIt's not that big a deal. Plus we account for only seven per cent of it — five per cent if you…
Forecast sees $2-billion state deficit, warns of changes under Trump
The California Legislative Analyst’s Office reported Wednesday that Gov. Gavin Newsom and lawmakers could face a relatively small $2-billion budget deficit next year, but warned…
Reyes Cup Pool 2024 LIVE RESULTS: Latest from day 2 as Jayson Shaw hopes to help Europe overturn deficit – updates
What are the teams?Team Asia: Johann Chua, Aloysius Yapp, Ko Pin Yi, Carlo Biado, Duong Quoc HoangTeam Europe: Jayson Shaw, Francisco Sanchez Ruiz, Mikey Krause, Eklent Kaci,…
Ottawa posts $7.3-billion deficit between April and July
Article contentOTTAWA — The federal government’s deficit has grown to $7.3 billion so far this fiscal year.We apologize, but this video has failed to load.Ottawa…
Trump says he won’t tax tips, OT, Social Security. Critics see ‘sham’
The last time Donald Trump was president, he delivered a massive tax cut, touting the many benefits of the 2017 law. But a slew of…
Galaxy overcome 2-goal deficit to stun LAFC, clinch playoff berth
Dejan Joveljic scored two of the Galaxy‘s four goals in the second half as they rallied from a two-goal halftime deficit for a 4-2 victory…
Newsom signs budget to close California’s $46.8-billion budget deficit
SACRAMENTO — Gov. Gavin Newsom on Saturday signed California’s budget to close an estimated $46.8-billion deficit through $16 billion in spending cuts and temporarily raising taxes…
Newsom, Democrats use cuts, reserves and ‘budget emergency’ declaration to solve California deficit
Gov. Gavin Newsom and Democratic lawmakers struck a deal Saturday to make $16 billion in cuts, declare a statewide fiscal emergency and pull money from…
‘Inside Out 2’ calms box office anxiety with blockbuster opening
Hollywood’s summer movie anxieties gave way to joy this weekend with the massive debut of Disney and Pixar’s “Inside Out 2.” The animated sequel earned…
NBA Finals: Jaylen Brown and Celtics dominate Mavericks in Game 1
BOSTON — Jaylen Brown scored 22 points, Kristaps Porzingis added 20 in his first game in more than a month and the Boston Celtics powered past…
California teachers criticize Newsom’s budget proposal
SACRAMENTO — California’s largest teachers union on Friday turned up the pressure on Gov. Gavin Newsom, announcing a public campaign aimed at blocking part of his…
Single-payer healthcare meets its fate again in the face of California’s massive budget deficit
SACRAMENTO — The latest attempt to bring a single-payer healthcare system to California failed in the state Legislature on Thursday, undercut by its steep price tag…
HECS relief but universities, students still waiting for answers as budget reality dampens promise of historic ‘accord’
In short: $1.1 billion will be spent over five years on initiatives such as HECS relief, addressing "poverty placement" and better access to courses.A "needs based"…
How Newsom plans to offset California’s $45-billion deficit
Faced with a $44.9-billion budget deficit, Gov. Gavin Newsom described a plan to shrink the size of state government and slow his progressive policy agenda…
Newsom called it a ‘gimmick.’ Now he’s using the trick to lower California’s massive deficit
SACRAMENTO — With a windfall of cash five years ago, Gov. Newsom said he was doing away with a state budget “gimmick” one of his predecessors…