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Gavin Newsom: “The general funds 248 billion. We have 42.3 billion dollar…”

Featuring: Gavin Newsom, Democratic | Governor of California

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Published | Video Starts at 28:19

And that approach, I mean means that when you came into office for example, the budget was what $200 billion and your proposed budget last year or this year was 350 billion dol billion. The general funds 248 billion. We have 42.3 billion dollar additional revenue structure than we anticipated by the way. Another 2.8 came in in December and California is now replenishing its reserves $23 billion paying down pension obligations $11.8 billion. (28:19–28:26)

CLAIM

Asserts that California's general fund is $248 billion with an additional $42.3 billion in revenue.

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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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