CSUS Professor Dr. Sanjay Varshney Take on the Gov's Budget and Inflation

Gov. Newsom’s budget revision includes $11.5 billion in tax refunds for vehicle owners and retention bonuses for health care workers. Some leading economists say that, and other items in the Govenor's plan will exacerbate inflation.

We asked Dr. Sanjay Varshney, Professor of Finance at Sacramento State to comment.