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California has more revenue than expected thanks to AI. Should the state save it?

Summary by Palo Alto Online
This story was originally published by CalMatters. Sign up for their newsletters. 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 […]

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Cal MattersCal Matters
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California has more revenue than expected thanks to AI. Should the state save it?

Proponents say Prop. 2 would allow the state to shore up its reserves for an economic downturn. Critics say it would only allow state leaders to spend more in the future.

·Sacramento, United States
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Cal Matters broke the news in Sacramento, United States on Friday, October 23, 2026.
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