California’s $18 Billion hole: A Feature of Newsom’s pension spiral

California’s $18 Billion hole: A Feature of Newsom’s pension spiral

OPINION—On May 14, Gov. Newsom unveiled his May Revision and declared California’s deficit gone. Erased by a $16.5 billion revenue surge driven by AI-fueled stock market gains. I don’t buy it.Continue reading the full article: Capitol WeeklyOriginal article: https://capitolweekly.net/californias-18-billion-hole-a-feature-of-newsoms-pension-spiral/

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