California Gov. Gavin Newsom declared that the state’s economy is “booming” in a recent debate. A new report shows that it is actually slowing, and that the governor faces a huge budget problem as income tax revenues lag behind.
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California Gov. Gavin Newsom declared that the state’s economy is “booming” in a recent debate. A new report shows that it is actually slowing, and that the governor faces a huge budget problem as income tax revenues lag behind.