Is California headed for an economic downturn? ...Middle East

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Is California headed for an economic downturn?
source : Ukiah Daily Journal ( Middle East ) () 17
Some cautionary economic signals are gaining strength in California just a month after Gov. Gavin Newsom and state lawmakers adopted a record-breaking $308 billion budget. The Golden State is more likely than not to collect less from personal income, sales and corporation taxes than the $210 billion assumed in the 2022-23 budget.

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