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Newsom's Final Address: Tackling $18B Deficit and Trump Critique

1/8/2026

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Summary

Story summary

California Governor Gavin Newsom will deliver his final State of the State address at the Capitol on Thursday at 10:30 a.m. PT.
Newsom faces an $18 billion budget deficit, prompting calls for leadership from both parties.
He is expected to address housing affordability and tax loopholes.
Analysts expect he will criticize U.S. President Donald Trump, noting ongoing conflicts between their administrations.

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Story summary

California Governor Gavin Newsom will deliver his final State of the State address at the Capitol on Thursday at 10:30 a.m. PT.
Newsom faces an $18 billion budget deficit, prompting calls for leadership from both parties.
He is expected to address housing affordability and tax loopholes.
Analysts expect he will criticize U.S. President Donald Trump, noting ongoing conflicts between their administrations.