""Any cuts you make are going to cause people to scream. Any increases in taxes are going to cause people to scream and in terms of what's best for a presidential run, it would be nice if people weren't screaming.""
""Spending from the state's principal operating fund has grown about $100 billion since Newsom's first full fiscal year in office in 2019-20, mostly due to the growing cost of existing programs that he inherited.""
Gavin Newsom's final year as California governor focuses on achieving a balanced budget amid a chronic deficit. His administration has expanded healthcare and child-care services, but state spending has significantly outpaced revenue growth, leading to a structural deficit. Newsom's legacy as a steward of taxpayer dollars will be defined by how he addresses this imbalance. Political considerations may influence his decisions, as any cuts or tax increases could provoke public backlash, especially with a potential presidential run in 2028 looming.
Read at Los Angeles Times
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