Tag

Budget Forecast

All articles tagged with #budget forecast

California's Final Budget Under Newsom: Challenges and Opportunities

Originally Published 2 days ago — by CalMatters

California's governor Gavin Newsom projects a $9 billion revenue increase for 2026-27, relying on the AI-driven economy, while forecasting a modest $2.9 billion shortfall for the upcoming year, with concerns about the sustainability of the AI boom and long-term fiscal challenges including reduced housing and homelessness funding.

nation state-budget ai-economy budget-forecast california fiscal-shortfall public-spending state-budget

OBR resignation sparks concerns over budget leaks and transparency

Originally Published 1 month ago — by BBC

The resignation of Richard Hughes as head of the Office for Budget Responsibility (OBR) raises concerns about the future independence and credibility of the UK's economic forecasting, with political pressures and changes in legislation posing potential risks to market confidence and government accountability.

world politics budget-forecast economic-independence obr-resignation politics richard-hughes uk-government