Did California’s $25B Budget Deficit Just Tank Gavin Newsom’s Presidential Dreams?

Did California’s $25B Budget Deficit Just Tank Gavin Newsom’s Presidential Dreams?


Days after a less-than-disastrous midterm, an unpopular President Joe Biden announced that he intends to run for reelection in 2024. Democrats face a weak and aged bench — though one Democrat who might play Ted Kennedy to Biden’s Jimmy Carter, California Gov. Gavin Newsom, just saw his narrow path to the White House become even more difficult to navigate as California’s legislative analyst announced that the Golden State was facing a $25 billion budget deficit.

Now Newsom will be forced to stay close to California and deal with a budget mess largely of his own making.

How did California, the progressive left’s shining North Star, experience such a rapid budgetary collapse when just a few months ago liberals were crowing about the state’s robust finances

Trending: Major Furniture Company Fires Thousands of Employees While They Slept

Continue reading


 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Daily Truth Report • DailyTruthReport.com
Thanks for sharing!
Send this to a friend