The Real Story Behind California’s “Trump Slump” - Budget Woes

from Tom Talks: Inside Sacramento · host Sheehy Strategy Group

Despite Governor Gavin Newsom and the California Legislature declaring, during this year’s May Revision, that the state was suffering from a “Trump Slump” — supposedly causing a significant revenue loss — President Donald Trumphad nothing to do with what state officials themselves have described as a structural deficit, meaning current-lawspending exceeds current-law revenues.

Episode metadata supplied by the publisher feed · Published Oct 17, 2025

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The Real Story Behind California’s “Trump Slump” - Budget Woes

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