California Governor Gavin Newsom will give his last State of the State address on Thursday, as he faces a projected $18 billion budget deficit in his final year in office. The speech comes at a time when policy battles are expected to intensify as lawmakers attempt to close the gap.
Newsom's address is anticipated to focus on housing affordability, with many experts expecting him to continue pushing for solutions to this pressing issue. State Senator Jesse Arreguín, who chairs the Senate Housing Committee, believes that incentivizing and innovating housing production will be key to addressing affordability concerns. Newsom has been a strong supporter of streamlining regulatory processes to increase housing supply.
However, Assembly Republicans have released a rebuttal criticizing Newsom's record on affordability and governance. They argue that housing is now less affordable than ever, with families leaving the state and young Californians struggling to access home ownership. The opposition claims that years of mismanagement by Newsom's administration are paying the price for California residents.
According to political consultant Jim Ross, Newsom will use his address to shape his legacy and future ambitions. With his sights set on a potential presidential run, Ross believes Newsom will focus on an agenda that positions him for success in the long term. The speech is expected to begin at 10:30 a.m. Thursday.
Newsom's address is anticipated to focus on housing affordability, with many experts expecting him to continue pushing for solutions to this pressing issue. State Senator Jesse Arreguín, who chairs the Senate Housing Committee, believes that incentivizing and innovating housing production will be key to addressing affordability concerns. Newsom has been a strong supporter of streamlining regulatory processes to increase housing supply.
However, Assembly Republicans have released a rebuttal criticizing Newsom's record on affordability and governance. They argue that housing is now less affordable than ever, with families leaving the state and young Californians struggling to access home ownership. The opposition claims that years of mismanagement by Newsom's administration are paying the price for California residents.
According to political consultant Jim Ross, Newsom will use his address to shape his legacy and future ambitions. With his sights set on a potential presidential run, Ross believes Newsom will focus on an agenda that positions him for success in the long term. The speech is expected to begin at 10:30 a.m. Thursday.