You are using an older browser version. Please use a supported version for the best MSN experience.

California prepares for possible economic downturn

California leaders have been bracing for a possible economic downturn with state personal income tax revenues billions below what was projected for this time of year and conditions outside of the state contributing to uncertainty about its financial future. Governor Gavin Newsom has spent the last few weeks considering hundreds of bills the legislature sent to his desk last month. As of Friday, Newsom has vetoed more than 20 bills that would have created new programs requiring the use of taxpayer dollars.

UP NEXT

UP NEXT

image beaconimage beaconimage beacon