Commentary
As I have been writing in The Epoch Times, everything Gov. Gavin Newsom does now advances his ambition to move into the White House—probably as early as Jan. 20, 2025. So watch how he handles negotiations with the California Legislature over the budget for fiscal year 2023-24, which begins on July 1.
Unlike last year, when he and the Democratic supermajority enjoyed a nearly $100 billion surplus, this year the deficit is at least $31.5 billion. But there are ways to finesse that. In longtime Sacramento parlance, they’re called “gimmicks”—accounting tricks to shift spending around, especially into the future, to reduce current spending or advance revenues….