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Proposition 2 on your 2026 California ballot would make changes to how the state's Rainy Day Fund would work. It would both allow lawmakers to set aside more money during abundant tax years and change the kinds of debt the state can pay off with that fund.
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This story was reported by Guy Marzorati. Prop Fest is a collaboration between Bay Curious and The Bay. It’s made by Olivia Allen-Price, Katrina Schwartz, Christopher Beale, Anna Casalme, Ericka Cruz Guevarra, Alan Montecillo, Gabriela Glueck and Pauline Bartolone. Additional support from Jen Chien, Katie Sprenger, Maha Sanad, Ethan Toven-Lindsey and everyone on Team KQED.
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