In an update to California’s fiscal 2026-2027 budget outlook Wednesday, a new report released by the state’s nonpartisan Legislative Analyst’s Office admitted it botched the deficit estimate by roughly $5 billion. LAO’s legislative analyst Gabriel Petek, who leads the office of budget and policy watchers for the state legislature, gave...
In an update to California’s fiscal 2026-2027 budget outlook Wednesday, a new report released by the state’s nonpartisan Legislative Analyst’s Office admitted it botched the deficit estimate by roughly $5 billion. LAO’s legislative analyst Gabriel Petek, who leads the office of budget and policy watchers for the state legislature, gave…









