While Newsom is taking office amid nearly a decade of nationwide economic expansion and a state budget surplus that the Legislative Analyst’s Office in November declared “extraordinary,” California’s new governor has vowed to prevent a Sacramento spending spree. He has said the state’s financial well-being exists at the mercy of a capricious economy, and his calls for fiscal discipline and restraint had grown louder as his inauguration approached. Newsom has reached out to Republicans and other voters who did not support him in November, seeking to cool any expectations that he might blindly support a lengthy wish list of Democratic issues pent up by Brown’s tightfistedness.

Source: Los Angeles Times January 07, 2019 19:52 UTC