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   
  • New York budget outlook is grim for 2018
    Dec 17, 2017 — With a projected multibillion-dollar deficit and looming federal changes that could cost the state billions more, the biggest obstacle in the upcoming 2018 legislative session will be balancing the state budget. The second-highest-ranking ...
    12/16/2017 - 4:08 pm | View Link
  • Malloy Plan To Close $207 Million Deficit May Include Shuttering Old State House
    As certified by the state comptroller on Dec. 1, the projected deficit currently exceeds that level. While the law does not require the legislature to act immediately, state lawmakers have already been studying the budget closely. In the state House of ...
    12/15/2017 - 6:28 pm | View Link
  • Budget Error Means San Ysidro School District Owes State $5.1 Million
    the district will be able to repay the state and cover the budget errors. But going forward, Wong projects the district will have a $2 million deficit in each of the next two fiscal years. “It would not be wise to just sit back and wait till
    12/15/2017 - 9:59 am | View Link
  • As budget talks begin, top New York lawmaker eyes cuts from Washington
    New York is facing its own $4.4 billion budget deficit amid ongoing power struggles in Albany. Yet it’s the tax overhaul being pushed by Congressional Republicans and President Donald Trump, along with possible federal spending cuts — both of which ...
    12/14/2017 - 7:17 pm | View Link
  • Governor releases options for state budget deficit mitigation
    The governor sent a letter to the leaders of both the House and Senate with a “menu of choices” for them to review to help resolve the about $208 million current year deficit. Earlier this month, Connecticut's comptroller Kevin Lembo stated that the ...
    12/13/2017 - 4:03 am | View Link
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  • Budget Deficit
    A status of financial health in which expenditures exceed revenue. The term "budget deficit" is most commonly used to refer to government spending rather than ...
    12/14/2017 - 5:19 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.
    12/14/2017 - 4:57 am | View Website
  • Pennsylvania State Budget
    Get updates on the Pennsylvania state budget from The Harrisburg Patriot-News. Comment on the news at
    12/12/2017 - 6:36 pm | View Website
  • California Budget
    May Revision ( May ) Changes to the Governor's Proposed Budget based upon the latest economic forecasts
    12/5/2017 - 2:05 pm | View Website
  • State budget deficit looms into 2018
    Lawmakers hadn’t yet finished voting on the long-delayed, $41.3-billion state budget last week, when the spending package sprung another leak: a projected $178 ...
    11/19/2017 - 12:33 am | View Website
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