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Gavin Newsom: “MCO proposal. It's about 4.5 billion over the window and 2.5…”

Featuring: Gavin Newsom, Democratic | Governor of California

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LIVE: California Gov. Gavin Newsom proposes revised budget | KTVU

Published | Video Starts at 34:04

But on the revenue side, there are areas where we think it's long overdue to make some adjustments. The MCO is a familiar one to many of you. And so we've got an MCO proposal. It's about 4.5 billion over the window and 2.5 or 4.5 in the short term, 2.5 in the medium term in terms of revenue generation. We also have been looking at all our tax credit programs and we're Looking at how many large corporations, I don't begrudge success, but as a small business guy, you … (34:04–34:15)

CLAIM

Asserts a Managed Care Organization (MCO) proposal generating $4.5 billion in the short term and $2.5 billion in the medium term.

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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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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