Issues

California's projected budget deficit worsens from $14.5 billion to $16 billion

February 20, 2008

The Legislative Analyst's Office is California's Nonpartisan Fiscal and Policy Advisor. It's 2008-09 analysis predicts that the budget deficit will increase to $16 billion. The report is available at http://www.lao.ca.gov/analysis_2008/highlights/pandi_highlights_022108.aspx