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Coverage dated November 15, 2022 to November 16, 2022

California faces $25 billion budget deficit in worst revenue year since Great Recession

Headline from Courthouse News Service, on the newest of 2 developments

Lawmakers should look for ways to design a budget that accounts for ongoing revenue losses — and a possible recession.

Courthouse News Service's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Developments in this update

2 dated developments, oldest first, newest marked. Each is named by one outlet's own headline; open its reports to see every outlet that covered it.

  1. Report: California likely to have $25 billion budget deficit

    Headline from KESQ Palm Springs ·

  2. Newest

    California faces $25 billion budget deficit in worst revenue year since Great Recession

    Headline from Courthouse News Service ·

Read the reports

Reports & sources

14 articles, oldest first.

  1. ABC 10 Sacramento

    Report: California likely to have $25 billion budget deficit (opens ABC 10 Sacramento)

    Published

    ABC 10 Sacramento's feed description

    The deficit will likely lead to some painful spending decisions in the nation's most populous state.

  2. Foxla

    California likely to have $25 billion budget deficit: report (opens Foxla)

    Published

    Foxla's feed description

    This year, revenue is $41 billion below expectations, according to a report by the Legislative Analyst's Office.

  3. The Daily Caller

    California Projected To Have Massive Budget Shortfall As Businesses Flee The State (opens The Daily Caller)

    Published

    The Daily Caller's feed description

    The California Legislative Analyst's Office (LAO), projected that California's fiscal year 2022-23 budget will operate in a $25 billion deficit.

  4. Fox News

    California faces budget deficit despite nearly $100 billion surplus last fiscal year (opens Fox News)

    Published

    Fox News's feed description

    California will face a $25 billion budget deficit for the next fiscal year after running a nearly $100 billion surplus.

  5. Hot Air

    California has had years of budget surpluses, now it's headed for a shortfall and maybe a recession (opens Hot Air)

    Published

  6. Breitbart News

    Shock: California Projects $25 Billion Deficit -- After $98 Billion Surplus (opens Breitbart News)

    Published

    Breitbart News's feed description

    The State of California will have a $25 billion deficit in 2023-2024, despite enjoying a record-setting $98 billion budget surplus this year.

  7. Hot Air

    CA budget analyst: Fleeing businesses opened up a $25B state budget deficit (opens Hot Air)

    Published

    Hot Air's feed description

    California is expected to have a $25 billion budget deficit in 2023-2024 as people and businesses leave the state in droves, according to a projection by the state’s Legislative Analyst’s Office (LAO)...

  8. Los Angeles Times

    With potential recession looming, California estimates $25-billion deficit next year (opens Los Angeles Times)

    Published

    Los Angeles Times's feed description

    With a potential recession looming, California faces an estimated $25-billion deficit. Lower spending on transportation, housing and education could help close the gap.

  9. Courthouse News Service

    California faces $25 billion budget deficit in worst revenue year since Great Recession (opens Courthouse News Service)

    Published

    Courthouse News Service's feed description

    Lawmakers should look for ways to design a budget that accounts for ongoing revenue losses — and a possible recession.

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.

California faces $25 billion budget deficit in worst revenue year since Great Recession | Since Then