Gavin vs reality

As California governor Gavin Newsom announced plans for a record $144.2-billion spending plan, the state controller quietly reported a $4.82-billion collapse of state tax revenues.Gov. Newsom's Proposed 2019-2020 Budget, released on January 9, had all the characteristics of "Rainbows, Butterflies, and Unicorns."  Newsom predicted that his state budget beginning on July 1 would feature $6 billion more revenue and only a $100-million increase in spending, despite a $5.2-billion "Cradle-to-Career" education spending increase, a $1-billion earned income tax credit, and $100 million for immigrants fleeing Central America.