Gavin Newsom’s Street Money – WSJ

A tradition in politics in big cities is called “street money”, that is, cash that politicians give out in exchange for political support to vote. California Democrats decided to implement the practice statewide and called it “inflation down.”

Governor Gavin Newsom and Democratic legislative leaders over the weekend announced a $300 billion budget deal that includes $17 billion in money for political relief for lawmakers. “Millions of Californians will receive up to $1,050 as part of the NEW middle class tax break,” the governor tweeted. Street money by any other name.

https://www.wsj.com/articles/gavin-newsoms-street-money-california-democrats-checks-11656362873 Gavin Newsom’s Street Money – WSJ

Mike Fahey

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