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Gavin Newsom: “18% of the world's R and D is in this state.”

Featuring: Gavin Newsom, Democratic | Governor of California

In-Studio Discussion with Ezra Klein and Gavin Newsom on 'Abundance' and Democratic Governance

Published March 26, 2025 | Video Starts at 45:57

We're running budget surpluses. We dominate in every innovative category. You talk about the future of abundance in the context of invention and deployment. That's California. 18% of the world's R and D is in this state. No other state comes close. Only two countries have more R and D and that's Germany and China. This is a state with 41% more manufacturing output than the state that tends to get a lot of credit in Texas. (45:57–46:01)

CLAIM

Asserts that 18% of global research and development occurs in California.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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Gavin Newsom

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“Only two countries have more R and D and that's Germany and China.”
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“This is a state with 41% more manufacturing output than the state that tends to get a lot of credit in Texas.”
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“Texas, by the way, takes $71.1 billion of federal money from taxpayers. We give $83.1 billion.”
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“Half of the unicorn companies in the country are in California.”
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“16 states tax their poorest residents more than we tax our top 1%.”
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“If you can build a sports stadium with these new rules and fast track a judicial process... it should work for homelessness, it should work…”
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“I announced that day an effort to sue up to 47 cities.”
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“We started with one, Huntington Beach, California.”
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“In the state of California. We're simply not building enough housing.”
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“Here is the legally binding goal, 2.5 million units by 2030.”
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“We've taken 800 actions, that's why we've unlocked 7,500 units and that's why we have advanced 42 CEQA reforms.”
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“I don't think there's been a more YIMBY governor in California's history.”
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“We are, as a state, finally intervening in ways the state has never intervened in the past.”
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“775,000 manufacturing jobs, just the job growth generally.”
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“The fact that Chips and Science act is producing real results as it relates to private sector investment.”
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“We finally have an industrial policy that is worker centric.”
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“I have been as critical or more than you have about [high speed rail].”
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“The original vision [for high-speed rail] was not Obama. It wasn't even necessarily Jerry Brown.”
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“Arnold Schwarzenegger, Republican, puts a bond on the ballot in 2008 and the voters approve it.”
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“There was a lot of promotion of promise, $33.6 billion, two hours and 20 minutes downtown by 2020.”
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“There's scarcity of resources, there's an abundance of delay, there's an abundance of cost overruns.”
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“The Central Valley...was stipulated as a requirement under the Obama grant, the $3 billion.”
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“The entire environmental clearance is now 100% done. L A to San Francisco.”
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“We're just announced, we're doing railhead, we're finally laying the tracks.”
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“Governor Ronald Reagan established the California Air Resources Board.”
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“Richard Nixon affording California a waiver so that we can address the unique air quality concerns.”
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“I have a 270 day judicial review process that we pushed, we worked it for its first use case was the first above ground storage facility in…”
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“The second quite literally a week ago for 300 megawatt solar, large scale solar facility which we are testing it, hardly perfect, but that…”
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“We did full electrification of Caltran. $714 million, 51 miles. We got all the environmental work done.”
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