California State Budget

California is entering the final stretch of budget negotiations with stronger-than-expected revenues but persistent long-term deficits. This POLITICO Pro analysis examines the fiscal and political forces shaping the state’s budget talks.

What you’ll learn

• How improved revenues are affecting the state’s budget outlook
• Why Newsom and lawmakers are still preparing for cuts and restraint
• What to watch as negotiations continue through the end of June

Why this matters

California’s budget decisions can influence major debates over spending, taxation and long-term fiscal stability. POLITICO Pro connects revenue trends, political strategy and policy priorities to help professionals understand how the state’s choices may reverberate.

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