ICYMI: Legislative Analyst Calls Bull on Newsom Budget Projections
LAO says recession likely, predicts lower revenue and need for more cuts. Gavin Newsom (D-Fantasyland) got a reality check from the Legislative Analyst on Friday, when the nonpartisan office called for greater spending cuts and disputed the Governor’s contention that the state won’t face a recession in the coming years. The LAO’s report describes a…