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Event Brief

Walters: Newsom’s $18B Budget Gap Tied to Pandemic Aid

Governor Newsom faces an $18 billion budget gap linked to the end of COVID aid, impacting local services in San Francisco.
WHO: Governor Gavin Newsom
WHAT: Budget gap of $18 billion due to misinterpretation of pandemic aid
WHEN: Dec 19, 2025 at 7:00 PM ET
WHERE: San Francisco, CA
WHY: COVID-era windfall was viewed as permanent revenue, leading to overspending
Sources (1): The Mercury News

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