• 'Gavin Newsom, California Face Another Budget Shortfall; $10-$20 Billio

    From John Smyth@21:1/5 to All on Fri May 9 08:55:12 2025
    XPost: alt.fan.rush-limbaugh, alt.politics.republicans, talk.politics.guns

    'Gavin Newsom, California Face Another Budget Shortfall; $10-$20
    Billion'

    <https://www.breitbart.com/politics/2025/05/09/gavin-newsom-california-face-for-massive-budget-shortfall/>

    'California Governor Gavin Newsom and state lawmakers are bracing for a
    $10 billion budget shortfall — even before federal spending cuts
    undertaken by the Trump administration and the Department of Government Efficiency (DOGE).

    Newsom and the Democrats took a near-$100 billion surplus in 2022–
    partly fueled by federal coronavirus funds under the Biden
    administration — to a near-$50 billion deficit in 2024.

    Earlier this year, the state was forced to borrow $6.2 billion to fund Medi-Cal, the state’s Medicaid program, which Newsom and his party
    expanded to cover illegal aliens.

    Now, according to Politico, Newsom and the Democrats are bracing for
    even more deficits in the near future:

    Gov. Gavin Newsom is likely staring down a $10 billion budget hole that
    could deepen to $20 billion or more.

    President Donald Trump’s tariff policies, a Medi-Cal shortfall and
    delayed tax filings from Los Angeles-area wildfire victims are putting
    the state in a worse economic situation than the California governor
    previously anticipated — and that’s without taking into account expected federal spending cuts.



    In early January, the governor’s Department of Finance projected the
    state would see a small surplus this year. But Newsom and legislative
    leaders are now flying blind into budget crunch time, as tariffs and a
    lack of tax receipts — including those from some of the wealthiest Californians — are stoking financial uncertainty.

    Newsom’s performance is coming under the spotlight as he prepares for a likely presidential run in 2028'

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From pothead@21:1/5 to John Smyth on Fri May 9 16:56:33 2025
    XPost: alt.fan.rush-limbaugh, alt.politics.republicans, talk.politics.guns

    On 2025-05-09, John Smyth <smythlejon2@hotmail.com> wrote:
    'Gavin Newsom, California Face Another Budget Shortfall; $10-$20
    Billion'

    <https://www.breitbart.com/politics/2025/05/09/gavin-newsom-california-face-for-massive-budget-shortfall/>

    'California Governor Gavin Newsom and state lawmakers are bracing for a
    $10 billion budget shortfall — even before federal spending cuts
    undertaken by the Trump administration and the Department of Government Efficiency (DOGE).

    Newsom and the Democrats took a near-$100 billion surplus in 2022–
    partly fueled by federal coronavirus funds under the Biden
    administration — to a near-$50 billion deficit in 2024.

    Earlier this year, the state was forced to borrow $6.2 billion to fund Medi-Cal, the state’s Medicaid program, which Newsom and his party
    expanded to cover illegal aliens.

    Now, according to Politico, Newsom and the Democrats are bracing for
    even more deficits in the near future:

    Gov. Gavin Newsom is likely staring down a $10 billion budget hole that
    could deepen to $20 billion or more.

    President Donald Trump’s tariff policies, a Medi-Cal shortfall and
    delayed tax filings from Los Angeles-area wildfire victims are putting
    the state in a worse economic situation than the California governor previously anticipated — and that’s without taking into account expected federal spending cuts.



    In early January, the governor’s Department of Finance projected the
    state would see a small surplus this year. But Newsom and legislative
    leaders are now flying blind into budget crunch time, as tariffs and a
    lack of tax receipts — including those from some of the wealthiest Californians — are stoking financial uncertainty.

    Newsom’s performance is coming under the spotlight as he prepares for a likely presidential run in 2028'

    Newsom can't lie and con his way out of his horrible track record.
    He's toxic and the democrats had better look elsewhere.


    --
    pothead
    Liberalism Is A Mental Disease
    Treat it accordingly <https://www.dailymail.co.uk/health/article-14512427/Doctors-reveal-symptoms-Trump-Derangement-Syndrome-tell-youve-got-it.html>

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)