CA: Brown criticizes Newsom & Legislature for spending spree

Source: San Francisco Chronicle

“Armed with a $76 billion budget surplus while attempting to fend off a recall, California Gov. Gavin Newsom and Democrats in the state Legislature have gone on a spending spree that former Gov. Jerry Brown does not approve of. During an interview with NBC Los Angeles over the weekend, Brown stated that ‘money doesn’t grow on trees’ and predicted ‘fiscal stress’ for the state sometime in the next two years. ‘The state has a big share of money that it never had before, but it’s artificially pumped up by one, the federal government’s stimulus, number two, the growing utter inequality of the economy because the rich people make so damn much money and California happens to tax the rich people disproportionately,’ he said. … ‘The federal government is getting deeper into debt, they’re spending money wildly.'” (07/14/21)