Governor Newsom Statement on LAO State Budget Outlook
20 Nov 2019
SACRAMENTO – Governor Gavin Newsom issued the following statement regarding the Legislative Analyst’s Office's annual state budget outlook:
“This budget assessment points to a broader truth. California is now the fifth-largest economy in the world. Our state is proving what big-hearted, progressive governance can look like – all without breaking the bank. President Trump talks a lot about America’s economic growth under his presidency, but when you look behind the numbers, you see that it’s California’s growth that has provided the economic rocket fuel for the nation.
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