Gavin Newsom: “This builds on home. Key of that, 6.38 billion, 2 billion…”

“You haven't run many headlines. $200,000, mostly seven, 8900,000, particularly down here in LA, because of the siting and permitting reform and because of the unique language that backs that up. This builds on home. Key of that, 6.38 billion, 2 billion extends that program. So it's completely different is the point. It's not a tax increase. It comes not from your property taxes, but from the general funds. So it's a different thing altogether.” (03:53–04:00)

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.