State Budget Deficit Soars

California's budget deficit has jumped to $16 billion, forcing Gov. Jerry Brown to call for even deeper cuts in state spending when he releases his revised budget plan on Monday. Brown revealed the dramatically higher...

Topics:  gov jerry brown   state   budget deficit   
  • No ‘April Surprise’ Revenue Surge for New Jersey State Budget
    The Assembly Budget Committee later heard testimony from Treasurer Elizabeth Muoio, who warned that New Jersey is on track for a $2.4 billion general fund deficit for fiscal year 2019 without new revenue initiatives. The state is not constitutionally ...
    05/21/2018 - 8:48 am | View Link
  • Federal Lawsuit Filed To Block State From Using Energy Conservation Funds To Solve Budget Deficit
    Curt Johnson, president and CEO of Connecticut Fund for the Environment, speaks Tuesday at the federal courthouse in Hartford about a lawsuit to stop the state from taking $175 million in energy conservation and efficiency program funding to solve the ...
    05/15/2018 - 11:09 pm | View Link
  • Malloy Signs Budget But Chastises Lawmakers For Failing To Address Deficits
    Dannel P. Malloy Tuesday signed the bipartisan state budget that lawmakers overwhelmingly approved last week, but he chastised legislators for letting the fiscal year end without addressing a projected deficit approaching $400 million. “The lack of ...
    05/15/2018 - 12:21 pm | View Link
  • Alaska Legislature adjourns after passing $10.4 billion operating budget
    About $674 million will be spent from the state’s Constitutional Budget Reserve to balance the remainder of the deficit. That reserve has been used to cover the deficit for the past several years, but so much has been spent from the fund that it no ...
    05/12/2018 - 11:59 pm | View Link
  • Alaska Legislature passes compromise state operating budget
    an outcome lawmakers were essentially forced into after years of drawing down on savings to fill a budget deficit that has persisted amid slumping oil revenues. The measure calls for a withdrawal of $1.7 billion from Permanent Fund earnings to help pay ...
    05/12/2018 - 3:21 pm | View Link
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  • California Budget
    Enacted Budget ( Summer ) The Budget passed by the Legislature and signed by the Governor
    05/18/2018 - 9:49 am | View Website
  • Government budget balance
    A government budget is a financial statement presenting the government's proposed revenues and spending for a financial year.The government budget balance, also alternatively referred to as general government balance, public budget balance, or public fiscal balance, is the overall difference between government revenues and spending.A positive balance is called a government budget surplus, and ...
    05/17/2018 - 2:22 pm | View Website
  • Pennsylvania State Budget
    Get updates on the Pennsylvania state budget from The Harrisburg Patriot-News. Comment on the news at
    05/17/2018 - 9:00 am | View Website
  • New York State Division of the Budget: Home Page
    New York State Division of the Budget home page. Provides information for citizens and other government bodies, including official publications.
    05/16/2018 - 9:30 am | View Website
  • State Balanced Budget Provisions 2010 updated 10.25.10
    State Balanced Budget Provisions 2 National Conference of State Legislatures So, what does it mean if a state must balance only the operating budget?
    05/16/2018 - 6:23 am | View Website
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