California's Budget Crisis: A Deepening Deficit and Political Debate

This chapter delves into California's alarming budget deficit projected at up to $73 billion, prompting Governor Newsom to contemplate severe program cuts. It also analyzes the factors leading to this fiscal emergency, including high taxes and population decline, while discussing varying perspectives on the deficit's causes.

Play episode from 07:13

Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app