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Walters: California budget volatility continues to complicate efforts to close its deficits


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Calif. Gov. Gavin Newsom presents his revised 2024-2025 state budget during a news conference in Sacramento, Calif., Wednesday, May 14, 2025. (Photo/Rich Pedroncelli)

State revenues could dramatically drop if the AI boom busts, according to the nonpartisan legislative analyst.


Originally published at Dan Walters

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