Massachusetts voted to raise millionaires' taxes. Californians dumped a climate-linked tax.
State inflation relief efforts like the kind found in California may add fuel to the inflation fire.
The most-populous state is benefiting from soaring tax collections from its highest earners.
Some of the state's most pressing problems can't be solved by the budget alone.
The plan would expand on a previous program by extending eligibility to the middle class.
The pandemic hit states and cities, but not as much as feared.
The state will have an unexpected cushion against the pandemic-led recession.
The “one-two punch” of wildfires and the pandemic will push the state’s unemployment rate to 10.4% this year, one economist says.
A U.S. Conference of Mayors analysis calls for an 8.1% drop in U.S. GDP and persistently high unemployment in cities.
Depending on the plan, premiums could jump as high as 12%.
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