Yue Stella Yu

California Has More Revenue Than Expected Thanks to AI. Should the State Save It?

The question Proposition 2 poses to California voters is simple: Should the state be able to save more money when its economy is booming?The ballot measure, dubbed the Save for California’s Future Act, seeks to shore up California’s rainy-day fund by allowing state lawmakers to sock away up to 20% of the state’s general fund tax revenue — double the current ceiling of 10%.It would also require...

Oct 30, 2026

High-Speed Rail Board Limits CEO Contract Authority After $600,000 Travel Scandal

Ian Choudri, chief executive officer of the California High-Speed Rail Authority, speaks during a special board meeting at the California Natural Resources Agency in Sacramento on Oct. 9, 2026. Photo by Fred Greaves for CalMatters The board that oversees the California High-Speed Rail Authority voted last week to rein in Chief Executive Ian Choudri’s contracting authority following a state i...

Oct 14, 2026

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