California State Controller Malia Cohen appears at the 3rd annual California Economic Forum

SACRAMENTO, Calif. | State Controller Malia Cohen spoke at the third annual California Economic Forum held in Sacramento. The event brought together economists, policymakers, and state leaders to evaluate California’s fiscal trajectory and the policy challenges facing the state in the year ahead. Produced by the UC Student Policy Center in partnership with Politico, the one-day gathering convened experts to discuss the financial realities shaping California's economy, including affordability, tax policy, and workforce development. Cohen addressed the state's economic outlook following the release of the UCLA Anderson Forecast. Her remarks emphasized the importance of fiscal restraint even during periods of strong revenue. The HBCU graduate from Fisk University cautioned against over-relying on internal borrowing to manage budget deficits, urging lawmakers to limit borrowing and preserve budget reserves.