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Tax Experts Weigh In On Governor Newsom's Universal Healthcare Proposal

California Governor Gavin Newsom Visits Reopened Elementary In Palo Alto

Photo: Getty Images North America

Tax experts are weighing in on Governor Newsom's proposal for universal healthcare. 

Jared Walczak with Tax Foundation says California has a projected $31 billion surplus. However, universal healthcare is estimated to cost roughly $400 billion dollars a year. Walczak notes California is hoping an additional $200 billion will come from the federal government to help pay for the program. 

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