Tag: state_budget_deficit

Newsom Touts $7.7 Billion Revenue Surplus and Zero Projected Deficit as California Economy Tops $4.5 Trillion

10 Nov 2026 2:06 p.m. · Source: California Governors Office

Governor Gavin Newsom says California's top three revenue sources came in $7.7 billion above forecast since April, with no projected deficit for two years and a $4.5 trillion economy.

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