Newsom May Spend $19 Million to Sugarcoat California's Stalled Economy

Newsom may spend $19 million to sugarcoat California's stalled economy

California hasn’t had a truly balanced state budget for four or maybe five years, and the current one continues to overspend its revenues. Nevertheless, Gov. Gavin Newsom wants to spend $19 million on a marketing campaign to portray California as having a vibrant economy, to counter “myths driven by misinformation and political rhetoric.” “California and its business climate have been falsely and maliciously maligned for years, and the state has…

Newsom may spend $19 million to sugarcoat California’s stalled economy

This story was originally published by CalMatters. Sign up for their newsletters. California hasn’t had a truly balanced state budget for four or maybe five years, and the current one continues to overspend its revenues. Nevertheless, Gov. Gavin Newsom wants to spend $19 million on a marketing campaign to portray California as having a vibrant […] The post Newsom may spend $19 million to sugarcoat California’s stalled economy appeared first on P…