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Golden State Could Have $25 Billion Deficit in 2023-24 Fiscal Year | VIDEO | EURweb

Posted on December 6, 2022 by Eurweb

*California’s government may have a faceoff with a $25 billion budget shortfall in the upcoming fiscal year as tax revenues decline, according to a report issued by the state’s nonpartisan Legislative Analyst’s Office (LAO). Legislative Analyst Gabriel Petek said during a Nov. 16 video press briefing that if the predicted downturn happens, it will be […]

The post Golden State Could Have $25 Billion Deficit in 2023-24 Fiscal Year | VIDEO appeared first on EURweb.

Posted in Eurweb, HeadlinesTagged $25 billion budget shortfall in the upcoming fiscal year, By McKenzie Jackson, California Black Media, California Government, California’s government, Economic conditions, economy, elevated inflation, Federal Reserve, golden state, high inflation, news, newswirelink, tax revenues, The 2023-24 Budget: California’s Fiscal Outlook., Urban News, Video

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