California's Tax Revenue Projections Weakening As Newsom's Budget Revision Deadline Looms Authored by Travis Gillmore via The Epoch Times (emphasis ours), With the state facing a record-high budget deficit, tax collections are failing to meet California Gov. Gavin Newsom’s budget proposal projections, which could put further pressure on the state’s finances. California Gov. Gavin Newsom speaks in Los Angeles on Jan. 3, 2024. (John Fredricks/The Epoch Times) As of April 25, the... Read this story
