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California budget

2 statements across 2 episodes · 0 bullish · 2 bearish · 1 people on the record · first statement Jun 30, 2022 by David Sacks · across every show →

Everything said about California budget, oldest first

Jun 30, 2022 bearish
Prediction Held up
Sacks predicts California budget shortfall in 2023 from lost capital gains taxes
“I think we're due for a huge budget shortfall next year because there's gonna be no capital gains.”
David Sacks Jun 30, 2022 ▶ 15:45 E85: SBF's crypto bailout, Zendesk sells for ~$10B, buyout targets, US diplomacy, AlphaFold & more
Aug 22, 2025 negative
Assertion Supported
Sacks: Newsom turned a $75 billion surplus into a $20 billion deficit
“Gavin's spending turned a seventy five billion dollar surplus into a twenty billion dollar deficit in just a couple of years”
David Sacks Aug 22, 2025 ▶ 50:33 AI Bubble Pops, Zuck Freezes Hiring, Newsom’s 2028 Surge, Russia/Ukraine Endgame
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