Democrat Gavin Newsom has made clear on the campaign trail that he has grand, and expensive, ambitions if he is elected the next governor of California: Universal preschool. Health care for all. Tackling homelessness. More workforce development.
But, as he sees it, that doesn’t make him a big spender. In fact, he plans to pursue his policy goals so judiciously that he’ll be able to expand the state’s budget reserve while he’s at it.