WhatMatters
Trump’s tariffs may hurt CA’s budget
With a state budget that’s partially dependent on the income tax generated from stocks, Gov. Gavin Newsom’s administration is not surprised that California’s budget could take a hit from the tariffs imposed by President Donald Trump. Here’s more from CalMatters Capitol reporter Alexei Koseff: H.D. Palmer, the spokesperson for Newsom’s Department of Finance, said the […]