Day: November 17, 2022

Republican Leader reacts to latest report on California’s weakest revenues since Great Recession

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Assembly Republican Leader James Gallagher (Yuba City) responded to the latest report released by the Legislative Analyst’s Office (LAO) that forecasts California’s fiscal outlook on the 2023-24 budget, stating that California’s “revenue estimates represent the weakest performance the state has experienced since the Great Recession.” “Assembly Republicans have been warning that Democratic policies and spending would trigger inflation Read More

Legislative Analyst’s Office publishes The 2023-24 Budget: California’s Fiscal Outlook

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The Legislative Analyst’s Office has just published the following report: The 2023-24 Budget: California’s Fiscal Outlook We have released The 2023-24 Budget: California’s Fiscal Outlook and The 2023-24 Budget: The Fiscal Outlook for Schools and Community Colleges. We anticipate the state will have a $25 billion budget problem to solve Read More