Tag

Budget Forecast

All articles tagged with #budget forecast

state-budget1 month ago•8 min saved

California's Final Budget Under Newsom: Challenges and Opportunities

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.

via CalMatters|

#ai-economy #budget-forecast #california

politics2 months ago•4 min saved

OBR resignation sparks concerns over budget leaks and transparency

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.

via BBC|

#budget-forecast #economic-independence #obr-resignation