California"s Tax Revenue Projections Weakening As Newsom"s Budget Revision Deadline Looms

Newsom Forced To Slash California Budget, Blames Crippling Deficit On "Rain Bombs" And Tax Shortfalls In the course of two years, California has turned a $100 billion s.....»»

Gov. Gavin Newsom proposes painful cuts to close California"s growing budget deficit.....»»

Gov. Gavin Newsom laid out his proposal for the 2021-2022 state budget Friday, suggesting the state use its $75.7 billion surplus to “set the state up for not just a comeback, but an extraordinary decade, arguably century, ahead.”.....»»

In his "Golden State Stimulus," California Gov. Gavin Newsom plans to send middle-income people $600 check.....»»

The California National Guard flew coronavirus hospitalizations, the governor's office said. “We couldn’t be more proud as a state to be sending those ventilators back East," Gov. Gavin Newsom... To view the full story, click the title link......»»

The SEIU-backed law requires the health care organization's 35 clinics in California to break out their individual revenue and expenses starting in 2020......»»

In May 2019, California significantly cut its cannabis tax revenue projections through June 2020. In just four months, state projections decreased by $223 million. read more.....»»

Congress has been acting like it has months to raise the U.S. debt limit, but lower tax revenue projections mean lawmakers could face a tighter deadline, according to an independent policy group......»»

California Gov. Gavin Newsom's revised state budget proposes a 2% increase over his January budget......»»

California Gov. Gavin Newsom's revised state budget proposes a 2% increase over his January budget......»»

California Gov. Gavin Newsom wants to end the sales tax on tampons and diapers and use revenue from legal marijuana sales toward enhancing child care programs......»»

The Independent Fiscal Office released its yearly analysis of Governor Tom Wolf’s budget proposal. According to State House Sound Bites, the report shows Wolf’s revenue projections are correct, but that is only if he can get his proposals throu.....»»

This past week the Congressional Budget Office (CBO) released their budget projections for FY 2018 through FY 2028.  The budget projections include a host of assumpt.....»»

A shift in how ads are sold on Snapchat is negatively affecting Snap Inc.’s bottom line. Market research firm eMarketer “has significantly lowered its projections” for U.S. ad revenue at the Venice, California-based company for 2018 and beyond. .....»»

With stocks in Europe attempting a modest relief rally after yesterday's sharp selloff, traders remain on edge over political developments as today is the deadline for Italy'.....»»

With the midnight deadline for Italy to resubmit its budget proposal to Brussels fast approaching, one of the two men who are effectively running .....»»

In California Governor Gavin Newsom’s new budget is a nymber that says a lot about the Golden State’s legal marijuana market. Now, California is expecting a lot less cash from cannabis taxes. The D.....»»

Nvidia lowered its quarterly revenue outlook by $500 million because of what it said was weakening demand in China and a rocky cloud-computing business, a revision that sent its already beleaguered shares down further......»»

Pot tax revenue was nearly 50% lower than initial projections in California's first year of recreational weed sales......»»

California-based cannabis company Lowell Farms Inc. (OTC: LOWLF) released its financial and operational results on Tuesday afternoon for the first quarter of 2024, ending March 3.....»»