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'Trump Slump' Triggers $16B Hit To California Revenue
May 14, 2025
MCLEAN, Virginia, May 14 [Category: Business] -- Chamber of Progress, a center-left tech industry policy coalition promoting a progressive future, posted the following news:

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'Trump Slump' Triggers $16B Hit To California Revenue

Ahead of Governor Gavin Newsom's updated budget proposal today, the California Department of Finance projected that President Trump's proposed tariffs will cause a $16 billion hit to the state's revenue . . .

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