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Showing Original Post only (View all)Newsom floats withholding federal taxes as Trump threatens California [View all]
Source: Politico
Gov. Gavin Newsom on Friday suggested California consider withholding tens of billions in annual federal tax dollars amid reports Donald Trump is preparing funding cuts targeting the state.
Newsoms suggestion came after CNN reported the president was considering a full termination of federal grant funding for Californias universities.
Californians pay the bills for the federal government. We pay over $80 BILLION more in taxes than we get back, the Democratic governor said in an X post Friday afternoon, referencing a recent analysis from the Rockefeller Institute that California contributed about $83 billion more in federal taxes in 2022 than it received back from Washington.
Maybe its time to cut that off, he added.
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Read more: https://www.politico.com/news/2025/06/06/newsom-floats-withholding-federal-taxes-00393386
