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Oakland is poised to get up to $192 million from the federal stimulus bill, which passed the House Wednesday, sweeping away most of the city's anticipated $218 million budget deficit over the next two years. [ABSTRACT FROM PUBLISHER]

San Francisco announced a $125 million surplus in the city's budget halfway through the current fiscal year on Friday, reversing the city's short-term financial fortunes from a $116 million deficit three months ago. [ABSTRACT FROM PUBLISHER]

The leaders of labor unions representing San Francisco police officers and firefighters have reached a tentative agreement with the city to defer previously negotiated pay raises for two years, in an effort to help close the city's $1.5 billion budget deficit brought on by the coronavirus pandemic. [ABSTRACT FROM PUBLISHER]

Mayor London Breed is including a $15 million financial lifeline for the San Francisco Unified School District in her upcoming budget proposal, money intended to help prevent layoffs and other cuts in the face of a $22 million budget shortfall largely attributed to the coronavirus pandemic. [ABSTRACT FROM PUBLISHER]

A strong majority of the nation's economists are predicting a recession by the end of 2021. Investors are buying government bonds and pushing down interest rates in patterns that have historically preceded economic downturn. [ABSTRACT FROM PUBLISHER]

President Trump and House Speaker Nancy Pelosi have found a common cause: spending money they don't have. The tentative budget deal brokered by the San Francisco Democrat and Trump Treasury Secretary Steven Mnuchin, passed by the House Thursday, is a monument to fiscal irresponsibility. [ABSTRACT FROM PUBLISHER]

Oakland school officials said Saturday they were "re-examining" the decision to eliminate 10 sports at city high schools after it was determined that the cuts hit girls harder than boys and likely leave the district in violation of federal law. [ABSTRACT FROM PUBLISHER]

As UC Berkeley students stream back to class next week, they return to a campus beset by money woes, staff layoffs and a housing crisis. [ABSTRACT FROM PUBLISHER]

Why should preaching the gospel of fiscal responsibility be constrained by the failure to practice anything of the kind? So goes the thinking behind a balanced-budget mandate expected to surface on Capitol Hill courtesy of the same lawmakers who passed tax cuts worth more than $1 trillion in deficits. [ABSTRACT FROM PUBLISHER]

The second government shutdown of President Trump's tenure ended early Friday morning, when he signed a sweeping budget deal that passed both houses of Congress on bipartisan votes. [ABSTRACT FROM PUBLISHER]

San Francisco Superior Court, faced with a deficit of nearly $5.3 million, says it will close its clerks' offices at 1 p.m. on Fridays and require court staff to take Fridays off on a rotating basis, without pay. [ABSTRACT FROM PUBLISHER]

California's pension crisis is catching up to its public schools. The state estimates that school districts may have to contribute double their current funding amounts to the California Public Employees' Retirement System, known as CalPERS, within six years. [ABSTRACT FROM PUBLISHER]

Even with a booming economy and millions of dollars in new money coming in, San Francisco is facing a projected $99 million budget deficit next fiscal year. [ABSTRACT FROM PUBLISHER]

A robust 2013 dropped billions of unanticipated dollars into California's coffers, putting the state on the best financial footing it's had in a decade, according to a spending plan for the 2014-15 year that Gov. Jerry Brown will ask lawmakers to adopt. [ABSTRACT FROM PUBLISHER]

Sen. Ted Cruz, R-Texas, was right. If the Tea Party were to brave a government shutdown in a bid to defund Obamacare, the stout of heart would prevail, and wobbly partisans would run for cover. [ABSTRACT FROM AUTHOR]

What, exactly, was all the fighting for? [ABSTRACT FROM AUTHOR]

The money is piling up in Sacramento, pushing predicted state budget surpluses ever higher. By next June the state will have a $2.4 billion cushion, a figure that could grow to $8.3 billion two years later. But along with the flush numbers comes the reality that California's felt this financial high before. [ABSTRACT FROM PUBLISHER]

For the first time in nearly a decade, California is collecting more revenue than it is spending and will finish the fiscal year with an extra $2.4 billion, according to a report released Wednesday by the Legislature's nonpartisan budget analyst. [ABSTRACT FROM PUBLISHER]

For the first time in nearly a decade, California is collecting more revenue than it is spending and will finish the fiscal year with an extra $2.4 billion, according to a report released Wednesday by the Legislature's nonpartisan budget analyst. [ABSTRACT FROM PUBLISHER]

The damage that a federal shutdown creates will be manageable, at least initially. The essentials - military protection, public safety and Social Security - will continue. But a radical and uncontrollable minority within Republican ranks will still inflict lasting damage on the country. [ABSTRACT FROM PUBLISHER]

Gov. Jerry Brown on Thursday signed into law a new state budget for the fiscal year beginning Monday, calling it a "momentous occasion" for California's finances, which have been on a roller coaster for years. [ABSTRACT FROM PUBLISHER]

Looming Medi-Cal cuts threaten doctors, pharmacists, hospitals and clinics, but operators of nursing homes attached to hospitals - including two of the state's largest in San Francisco - say they bear the biggest brunt of reductions to the state's public health program for the poor. [ABSTRACT FROM PUBLISHER]

Looming Medi-Cal cuts threaten doctors, pharmacists, hospitals and clinics, but operators of nursing homes attached to hospitals - including two of the state's largest in San Francisco - say they bear the biggest brunt of reductions to the state's public health program for the poor. [ABSTRACT FROM PUBLISHER]

Once a financial basket case, California is now a bulging piggy bank. A reviving economy and a quirky tax code have generated an estimated $4.5 billion state budget surplus, a stunning number after Sacramento cut upward of $24 billion from spending in recent years. [ABSTRACT FROM PUBLISHER]

Liberal Bay Area Democrats were furious with President Obama Wednesday for proposing in his budget plan a new inflation adjustment that would reduce the growth of the Social Security benefit for more than 60 million Americans who now receive it. [ABSTRACT FROM PUBLISHER]

Liberal Bay Area Democrats were furious with President Obama Wednesday for proposing in his budget plan a new inflation adjustment that would reduce the growth of the Social Security benefit for more than 60 million Americans who now receive it. [ABSTRACT FROM PUBLISHER]

Call it Oakland glasnost - or just clever negotiating strategy. [ABSTRACT FROM PUBLISHER]

Visitors to the Golden Gate National Recreation Area will start to see the impact of federal budget cuts as early as Monday, according to an internal memo obtained by The Chronicle. [ABSTRACT FROM PUBLISHER]

The San Francisco Housing Authority is hurtling toward collapse, projected to run out of cash in two months and have a deficit of $6.4 million by the end of its fiscal year in September, its interim head said Thursday. [ABSTRACT FROM PUBLISHER]

Buoyed by California's budget recovery and a significant role in winning the passage of the Proposition 30 tax measure in November, public employee unions are heading into contract negotiations with Gov. Jerry Brown's administration more confident than they have been in years. [ABSTRACT FROM PUBLISHER]

Making their final pitches in a tense three-day trial, Stockton's lawyers told a federal judge Wednesday that the city cannot pay its bills without bankruptcy protection, while creditors blasted back that the delta community simply hasn't tried hard enough to slash its budget and raise new revenue. [ABSTRACT FROM PUBLISHER]

In his State of the Union speech, President Obama proclaimed, "Over the last few years, both parties have worked together to reduce the deficit by more than $2.5 trillion." It's a claim that the president makes frequently along with the notion that having done all that heavy lifting, Washington now needs to find a trifling extra $1.5 trillion in spending cuts or tax increases, and the nation's debt problems will be over. [ABSTRACT FROM PUBLISHER]

The Obama administration took an old ploy to an absurd new level this week by shutting down public tours of the White House - and blaming the sequestration cuts. [ABSTRACT FROM PUBLISHER]

March 5 might be remembered not as the day the Dow Jones industrial average hit a record high, but as the day investors ignored the boy who cried wolf. [ABSTRACT FROM PUBLISHER]

Our leaders in Washington have failed us. Again. The arrival of $85 billion of forced budget cuts that don't distinguish between vital and nonessential government functions was the result of a manufactured crisis that would occur only if the White House and Congress failed to take significant action to reduce the deficit. [ABSTRACT FROM PUBLISHER]

When Rep. Jackie Speier, D-Hillsborough, met with The Chronicle's editorial board last week, she said reasonable people could pass a bill to apply $85 billion in sequester cuts more surgically. Too bad she's a member of Congress. [ABSTRACT FROM PUBLISHER]

People receiving federal extended jobless benefits could see their payments reduced by up to 9 percent or more starting around the end of March if Congress fails to block automatic spending cuts scheduled to take effect Friday. Some college students also could get slightly less federal financial aid in 2013-14 under the planned reductions. [ABSTRACT FROM PUBLISHER]

For a law enacted in the summer of 2011, there has been little planning by local, state and federal officials for the across-the-board federal spending cuts due to take effect Friday under the sequester. [ABSTRACT FROM PUBLISHER]

For a law enacted in the summer of 2011, there has been little planning by local, state and federal officials for the across-the-board federal spending cuts due to take effect Friday under the sequester. [ABSTRACT FROM PUBLISHER]

Park rangers in the Bay Area and throughout California would be laid off, interpretive programs would be cut and Yosemite's bears might end up with a perpetual trash banquet if the federal government does not find a deficit-reduction plan, according to a National Park Service document leaked this week. [ABSTRACT FROM PUBLISHER]

Park rangers in the Bay Area and throughout California would be laid off, interpretive programs would be cut and Yosemite's bears might end up with a perpetual trash banquet if the federal government does not find a deficit reduction plan, according to a National Park Service document leaked this week. [ABSTRACT FROM PUBLISHER]

You would think the end is near, what with the gnashing of teeth and predictions of economic disaster from the White House - all over the prospect of an $85 billion cut in $3.5 trillion in federal spending. You might have missed the relatively modest magnitude of the cut with all the dire talk about sequestration that will take effect on March 1 unless Congress and the White House act to avoid it. [ABSTRACT FROM PUBLISHER]

You would think the end is near, what with the gnashing of teeth and predictions of economic disaster from the White House - all over the prospect of an $85 billion cut in $3.5 trillion in federal spending. You might have missed the relatively modest magnitude of the cut with all the dire talk about sequestration that will take effect on March 1 unless Congress and the White House act to avoid it. [ABSTRACT FROM PUBLISHER]

If President Obama, the Republican House and Democratic Senate cannot cut $85 billion from this year's $3.8 trillion budget without laying off first-responders, tying up airport security lines and furloughing food safety inspectors, what good are they? [ABSTRACT FROM PUBLISHER]

How worried should Californians be about sequestration? [ABSTRACT FROM PUBLISHER]

So far, 2013 has been a very good year for California. First, Gov. Jerry Brown announced a 2013-14 budget that came with a big surprise - an $851 million surplus, the first in nearly a decade. [ABSTRACT FROM PUBLISHER]

Citing a shortage of state funds, San Mateo County court officials say they're laying off 20 to 25 employees, including four court commissioners, and shutting down most of their courtroom operations in South San Francisco and San Mateo. [ABSTRACT FROM PUBLISHER]

With the state budget balanced for the first time in years, Gov. Jerry Brown is roaring that "California is back," painting a rosier future for California with gauzy predictions of its "rendezvous with destiny." [ABSTRACT FROM PUBLISHER]

- Gov. Jerry Brown, riding a wave of remarkable political success from the first two years of his term in office, delivered a State of the State speech Thursday that cast California as being on the cusp of an era akin to the grand times of state history. [ABSTRACT FROM PUBLISHER]