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Home > KQED’s Forum > California Faces Projected $54 Billion Deficit Through Summer 2021
Podcast: KQED’s Forum
Episode:

California Faces Projected $54 Billion Deficit Through Summer 2021
Category: News & Politics
Duration: 00:23:46
Publish Date: 2020-05-08 12:00:00
Description:

California faces the worst budget deficit in the state’s history, at $54 billion.  That’s according to an analysis released Thursday by the state Department of Finance.  The projected shortfall comes after a $21 billion surplus last year, and as the state continues to reel from the coronavirus pandemic, which has thrown more than 4 million Californians into unemployment. We’ll talk about what the deficit could mean for schools, social services, and the state’s response to the virus. 
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