Gavin Newsom: “We're going to pay down long term pensions. And Those…”

“Mindful as we should be erratic nature of our state revenue and our long term structural challenges that we will discuss in detail tomorrow in the budget presentation. We're going to rebuild our reserves $7.3 billion. We're going to pay down long term pensions. And Those obligations over $11.8 billion will be met over the next few years. including $3 billion just in next year's budget. Speaking of obligations, want to broaden this Some of the work that we've done together.” (24:14–24:23)

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