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Gavin Newsom: Cash-Strapped California Will Not Bail Out Los Angeles
Breitbart ^ | 05/18/2025 | Joel B Pollack

Posted on 05/18/2025 6:50:34 AM PDT by ChicagoConservative27

California Gov. Gavin Newsom (D) has refused to bail out Los Angeles, which is facing a $1 billion deficit, in his latest budget proposal, as the state itself faces a massive $12 billion deficit.

The Los Angeles Times reports:

Deeper in the budget proposal, no salvation was found for L.A. And at a news conference Wednesday, Newsom said flatly that he did not plan to provide cash to help dig the city out of its budget hole. The city is facing a $1-billion shortfall due to inflated personnel costs, higher than ever liability lawsuit payouts and below-expected revenues.

“The state’s not in a position to write a check,” Newsom said. “When you’re requesting things that have nothing to do with disaster recovery, that’s a nonstarter … I don’t need to highlight examples of requests from the city and county that were not related to disaster recovery and this state is not in a position, never have been, even in other times, to address those requests, particularly at this time.”

(Excerpt) Read more at breitbart.com ...


TOPICS: Business/Economy; Culture/Society; Front Page News; Government; News/Current Events; Politics/Elections; US: California
KEYWORDS: bail; bailout; budget; california; cashstrapped; deficit; fiduciarymalfeasance; fiduciarymisconduct; losangeles; misappropriation; misconduct; newsom; not; oit; out

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Uncle diaper can't bail you out now. Elections have consequences.
1 posted on 05/18/2025 6:50:34 AM PDT by ChicagoConservative27
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To: ChicagoConservative27

Thanks for the precedent. US will not bail out CA when the time comes.


2 posted on 05/18/2025 6:55:27 AM PDT by grumpygresh
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To: ChicagoConservative27

Yet you beg the feds for money to cover YOUR own a** after creating a $12B deficit.

Funny how that is the exact same amount spent on healthcare for illegals.

Also happy to see the Feds cut you off on the massive high speed rail boondoggle. As Trump said at this point it is throwing good money after bad.

Los Angeles is a lost cause - the hapless mayor will raise taxes (again) and people will re-elect her - Los Angeles has a dwindling tax base, no thanks to her and a large parasitic illegal population. But she little understands economics.


3 posted on 05/18/2025 6:55:54 AM PDT by Bon of Babble (You Say You Want a Revolution?)
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To: Bon of Babble

Boom


4 posted on 05/18/2025 6:56:37 AM PDT by ChicagoConservative27
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To: ChicagoConservative27

What happened to the kali “miracle “

Guess the federal spigot has been turned off, even newsome wants to bail to DC😂


5 posted on 05/18/2025 7:05:37 AM PDT by blitz128
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To: ChicagoConservative27
Boom

Roasted!


6 posted on 05/18/2025 7:07:31 AM PDT by know.your.why
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To: ChicagoConservative27
They spend money recklessly. Insisting upon showing their "woke tolerance" and open borders. Funneling billions into healthcare, free food and housing, etc, to reward criminal alien invaders.

Then they're surprised they're broke?

These are children playing with monopoly money.

7 posted on 05/18/2025 7:07:44 AM PDT by LouAvul (1 John 2:22: Who is a liar but he that denieth that Jesus is the Christ? He is antichrist.)
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To: ChicagoConservative27

Democrats abandoning each other.

And they should have expected no less.

That’s what they get for voting him in. Keep voting democrat, fools.


8 posted on 05/18/2025 7:32:32 AM PDT by metmom ( He who testifies to these things says, “Surely I am coming soon." Amen. Come, Lord Jesus.")
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To: ChicagoConservative27

I would find it rather hard for a sinking boat to request help from another boat that is also sinking and with a much bigger hole in it. Idiocy on display before the world, God and everyone.


9 posted on 05/18/2025 7:33:31 AM PDT by cross_bearer_02
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To: ChicagoConservative27

Newsom is planning on running for president.

This must be tied to it.


10 posted on 05/18/2025 7:33:42 AM PDT by metmom ( He who testifies to these things says, “Surely I am coming soon." Amen. Come, Lord Jesus.")
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To: ChicagoConservative27

“The city is facing a $1-billion shortfall due to inflated personnel costs, higher than ever liability lawsuit payouts and below-expected revenues.”

Not how they NEVER mention pensions. I guess they’d rather us not know.


11 posted on 05/18/2025 7:35:13 AM PDT by BobL
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To: metmom

“Democrats abandoning each other.”

Not really. Newsom is just trying to convince the world that he’s now a ‘moderate’. I suspect Mayor Bass is in on the scheme, as it allows her to turn the screws locally.


12 posted on 05/18/2025 7:37:03 AM PDT by BobL
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To: ChicagoConservative27

13 posted on 05/18/2025 7:38:32 AM PDT by ClearCase_guy (People who receive less results for effort will naturally put in less effort when the game is rigged)
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To: metmom

JUST WHAT THE USA NEEDS:

GOVERNOR OF A STATE THAT CANNOT MANAGE A BUDGET BEING ELEVATED TO A PRESIDENT THAT CANNOT MANAGE A BUDGET..

PETER PRINCIPLE


14 posted on 05/18/2025 7:43:43 AM PDT by ridesthemiles (not giving up on TRUMP---EVER)
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To: ridesthemiles

Exactly…


15 posted on 05/18/2025 7:45:06 AM PDT by metmom ( He who testifies to these things says, “Surely I am coming soon." Amen. Come, Lord Jesus.")
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To: ridesthemiles

WILL NEWSOM ASK DAVID HOGG TO BE HIS VP CANDIDATE?

OOOOPS-—HOGG IS 10 years shy of being eligible—born in 2000. ONLY 25...


16 posted on 05/18/2025 7:46:18 AM PDT by ridesthemiles (not giving up on TRUMP---EVER)
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To: ChicagoConservative27

They want to dump it in Trump’s lap, so they can get that headline “Trump To City : Drop Dead!”


17 posted on 05/18/2025 7:46:53 AM PDT by dfwgator (Endut! Hoch Hech!)
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To: ClearCase_guy

Yep.


18 posted on 05/18/2025 7:47:06 AM PDT by dfwgator (Endut! Hoch Hech!)
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To: ChicagoConservative27

All nuances — and all traces of humane sympathy for those in a difficult situation- — went out the window when I saw that Los Angeles municipal employees, on average, earn substantially more than double the average incomes of the working stiffs in the private sector who pay their salaries. Not to mention their gold plated benefit packages and early retirement scams.

LA needs money to meet an emergency? Start there. Get back to me when LA’s “public servants” rejoin America.


19 posted on 05/18/2025 7:47:54 AM PDT by sphinx
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To: ClearCase_guy

Of course, in the end, Ford wimped out and did bail them out.

Which is part of the reason he lost.


20 posted on 05/18/2025 7:48:23 AM PDT by dfwgator (Endut! Hoch Hech!)
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