Gavin Newsom scrambling to close California’s hefty $38B deficit



Gov. Gavin Newsom weighs dipping into California’s reserve to close the state’s billion-dollar deficit.

Subscribe to Fox Business! https://bit.ly/2D9Cdse
Watch more Fox Business Video: https://video.foxbusiness.com
Watch Fox Business Network Live: http://www.foxnewsgo.com/

FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.

Follow Fox Business on Facebook: https://www.facebook.com/FoxBusiness
Follow Fox Business on Twitter: https://twitter.com/foxbusiness
Follow Fox Business on Instagram: https://www.instagram.com/foxbusiness/

source

40 comments

  1. Newsom is the worse governor in the US .

  2. I think he should slash the school budget so that he can pay out billions in reparations.

  3. Keep homeless homeless . Welcome Illegal immigrants. Keep giving out stimulus money long after covid. Pay retribution for slavery that California never had. I wish this WOKE state was it's own country.

  4. Need some serious number juggling

  5. IMAGINE HOW STRONG OUR COUNTRY WOULD BE IF GOVERNORS SPENT THEIR DAYS WORKING FOR THE PEOPLE WHO ELECTED THEM INSTEAD OF THE PEOPLE WHO BUY THEM.

  6. Cut welfare. They live large and lay around smoking pit and drinking booze while texting n talking on their i-phones.

  7. 😢This guy has emergency deficit and wants to provide free health care for illeagl aliens out there . What is wrong with you people who vote for these Democrates

  8. Newsom and his Democrats caused the problem now they will want the tax payers to solve their problem, people were stupid not to recall him he is a idiot just like Biden.

  9. Can't anyone see that the Democrat Plan is to Bankrupt our nation… So that their Commie friends, can take over..!

  10. You shouldn't have spent all that money.

  11. Is Newsom moving to China after he leaves office?

  12. Correction: $68 Billion deficit. – Legislative Analyst’s Office.

  13. Newscome is the biggest con artist since Ponzy!💯

  14. And how many Billons , where spent on a train that goes 200 miles down the tracks ?????? Who's holding that slush fund ?

  15. He will get the fed to bail them out, AGAIN!!!!!

  16. Gruesome has ruined us. 😢😢😢😢

  17. Clown!!! This is the same guy that wanted to give every person a million dollars if you're blak.

  18. And this is the guy Democrats want to replace Joe Biden with.

  19. The only thing that "Shyster Used Car Salesman Gavin" can do is tell everybody that they can't buy a car that runs on gasoline after 2035. Apparently, Gavin has been smokin crack. Y'all keep voting him in office out there. It's hard to believe that a man can be this dumb and he keeps getting elected.

  20. There is no fiscal emergency. There are incredibly stupid Democratic party spending on things like free medical care for illegals who should all be deported immediately.

  21. I remember hearing newsom and piglosi bragging they were only state that is without a deficit.

  22. Grifting Gruesome will continue to californicate the electorate as long a the bug-wits vote for him. 🤮

  23. California is beyond help as long as crazy progressives control the states politics. NEXT STEP…FILES FOR BANKRUPTCY.

  24. Biden wiped out CA's debt and they are already in trouble. Like him or not Newsome typifies the liberal ideology. We cannot afford this.

  25. California is beyond stupid for Newsom as governor

  26. Don't be so sure about his aspirations, his spending habits are not that much different than joe biden. To them it is normal.

  27. This fella needs to go! Have y'all figured it out yet California????

  28. He can’t even read his daddy sent him to a special school for you know

  29. He is Pelosi's nephew… what does California expect? Wannabe "Elite socialists" oxymoron. stress the moron part.

  30. I am willing to pay higher taxes to ensure everyone in the United States receives good healthcare. BTW, I have a PPO and it's a rip off. I am also a disabled vet and the VA system is not very good.

  31. KEEP SPENDING BUTT HEAD THEN YOUR NUMBERS WILL CHANGE
    FROM 38 BILLION TO 42 BILLION..SEE I GOT RID OF THE 38.
    YOUR A MATH A MAGICIAN

  32. 😂😂 Now everybody knows what a loser he really is after the Desantis debate showing what a horrible governor he really is by destroying a once great state the sad part is that he’s such a narcissist that he can’t figure out why people are fleeing Commiefornia in droves

  33. This what happens when you go woke

  34. Giving illegals healthcare sure won’t help! Guess our already shitty roads will have to wait! Might as well lay off all of CalTrans!