California’s budget deficit is growing. Could federal debt ceiling standoff make it worse? ...Middle East

News by : (Ukiah Daily Journal) -
When Gov. Gavin Newsom releases his revised budget proposal next week, it will paint an even gloomier picture than the multibillion-dollar deficit projected just four months ago. State revenue as of March was $4.7 billion below the January forecast, according to the latest data from the California Department of Finance.

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