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The California Legislative Analyst’s Office estimates the state will have a $26 billion revenue shortfall for the 2022-2023 fiscal year and announced the state entered into a recession in March of 2023. The news comes the day after Governor Gavin Newsom defended Democrats' economic record in a nationally televised debate. State Republicans blame Newsom and […]
The post Government watchdog estimates $26 billion deficit as California enters recession appeared first on The Black Chronicle.
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