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Gavin Newsom: “We reached an agreement to place a constitutional amendment…”

Featuring: Gavin Newsom, Democratic | Governor of California

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Governor Newsom on California's Bold, Balanced Budget

Published | Video Starts at 03:06

We didn't. We left a Runway for whoever comes next because that's, that's what responsible government does. And we did something else big in recent days. Working with the legislature, We reached an agreement to place a constitutional amendment before the voters to expand California's rainy day fund. We're expanding our reserves at the same time allowing the state more flexibility to pay down those long term liabilities and protect our state's fiscal stability well into the future. (03:06–03:14)

CLAIM

Claims an agreement was reached to propose a constitutional amendment to expand California's rainy day fund.

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