California’s $73B Budget Shortfall Sparks Major Concerns
California’s financial woes are escalating, surpassing initial projections. Initially, Governor Gavin Newsom anticipated a $37.9 billion shortfall for 2024-2025. However, updated data indicates the deficit could reach $73 billion. While the Legislative Analyst’s Office cautioned of a $68 billion shortage, the actual problem exceeds their estimations. Not Enough Money and Frustration Image Credit: Shutterstock / … Read more