budget deficit

Mamdani says that if the state won’t tax wealthy New Yorkers, it should tax the middle class as a ‘last resort’.

Mamdani says that if the state won’t tax wealthy New Yorkers, it should tax the middle class as a ‘last resort’.

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Mayor Zohran Mamdani said a property tax increase is on the table as a “last resort” in New York City. ...

In his final year as governor of California, Newsom faced another multibillion-dollar budget shortfall

In his final year as governor of California, Newsom faced another multibillion-dollar budget shortfall

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SACRAMENTO, Calif. (AP) – California Gov. Gavin Newsom’s office says the state faces a $2.9 billion budget deficit this year, ...