California faces a $10 billion deficit, coinciding with the cost of expanding Medi-Cal to illegal immigrants.
- Critics point to Governor Newsom’s plan as a fiscal burden.
- The Legislative Analyst’s Office warns of a “stagnant” economy reliant on an “unsustainable” stock market.
The LAO advises caution in spending amidst uncertain economic conditions, urging lawmakers to consider both possible downturns and potential growth when making budget decisions.
Tags #Government, #Politics, #Health
Lucem News Editor’s Opinion: California’s math problem is pretty simple: spend $10 billion on illegal immigrant healthcare, get a $10 billion deficit—Newsom should try budgeting with a calculator instead of a virtue signal.
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