California Can’t Afford Newsom’s Revised Spending Plan: Analysts

California Can’t Afford Newsom’s Revised Spending Plan: Analysts
California Gov. Gavin Newsom listens to a question during a press conference in Los Angeles on Nov. 10, 2021. Patrick T. Fallon/AFP via Getty Images
Travis Gillmore
Updated:
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Spending proposals in California Gov. Gavin Newsom’s May budget revision outpace revenues, with a less than 1-in-6 chance over the next five years that the state can afford its spending levels, according to a report released May 23 by the state’s nonpartisan Legislative Analyst’s Office.

“If the Legislature adopts the Governor’s May Revision proposals, the state very likely will face more budget problems over the next few years,” the authors wrote.

Travis Gillmore
Travis Gillmore
Author
Travis Gillmore is an avid reader and journalism connoisseur based in Washington, D.C. covering the White House, politics, and breaking news for The Epoch Times. Contact him at [email protected]
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