California faces $18 billion budget deficit in 2026-27: Report

Published November 22, 2025 1:48pm ET



(The Center Square) – The California Legislative Analyst’s Office released its outlook on the 2026-27 budget, highlighting the state’s weak position and an $18 billion shortfall.

The nonpartisan office releases the report annually to give the Legislature an idea of its starting point before the Assembly and Senate convene each January.

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