California doom Staggering $54 billion budget deficit looms

over 5 years in Washington Times

SACRAMENTO, Calif. (AP) - California will have a budget shortfall of $54.3 billion because of the economic devastation wrought by the coronavirus, Gov. Gavin Newsom's administration announced Thursday, a stunning reversal for a state that had a $21 billion surplus a year ago. The state has been under a mandatory ...

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