Gavin Newsom Just Lied With A Straight Face About ‘Fixing’ California’s Fiscal Nightmare

Even Newsom’s own California Department of Finance undercut the spin. During the same hearing where Newsom boasted about solving the crisis, administration officials quietly admitted the May Revision only reduced the structural deficit “by more than half.” Not eliminated. Not fixed. Reduced.

That’s a massive difference the governor conveniently glossed over while cameras were rolling.

Meanwhile, the Legislative Analyst’s Office still estimates the remaining budget hole at $16.9 billion.

And here’s the truly staggering part: California received an unexpected revenue windfall. State revenues reportedly came in roughly $30 billion higher than the LAO projected just last June, which is a jaw-dropping surge in a single year. Most governors would kill for that kind of fiscal jackpot.