Gavin Newsom: “Over the last seven years it's about 14, or rather $15.4…”

“This budget year, we're projecting 3.6 billion, proposing to pay down our unfunded liabilities. You look at the next four years, including the 3.6, about 13.1 billion. And Over the last seven years it's about 14, or rather $15.4 billion that's been paid down. And that's important. And we've always had. You've seen all these May revises. We've highlighted this. It's an important part of our long term fiscal health.” (30:12–30:19)

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