California voters will consider a measure in November to raise taxes on billionaires
ABC NewsLiveVideoShowsGood Morning AmericaShopGMAInterest Successfully AddedWe'll notify you here with news aboutTurn on desktop notifications for breaking stories about interest? The goal is to generate $100 billion in revenue, mainly to fund the state’s Medicaid system after federal cuts.“I am all in on this,” union President Dave Regan said on a Zoom call, adding that opponents of the proposal are “totally out of touch.”Democratic Gov. Gavin Newsom and many traditional allies of the union oppose the measure.
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- ▪The goal is to generate $100 billion in revenue, mainly to fund the state’s Medicaid system after federal cuts.“I am all in on this,” union President Dave Regan said on a Zoom call, adding that opponents of the proposal are “totally out of
- ▪Gavin Newsom and many traditional allies of the union oppose the measure.
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| Original publisher | ABC News — US |
| Canonical URL | https://abcnews.com/US/wireStory/california-voters-measure-november-raise-taxes-billionaires-134227529 |
| Publication time | Fri, 26 Jun 2026 02:14:20 -0400 |
| Retrieval time | 2026-06-26T06:22:28.914Z |
| Last seen | 2026-06-26T06:22:28.914Z |
| Headline source | Publisher (no WeSearch rewrite) |
| Excerpt source | publisher body |
| Excerpt method | First ~120 words (~800 chars) of extracted publisher body, fair-use limited. |
| Summary | WeSearch · cerebras-chat (WeSearch summarizer) |
| Summary source text | contentText |
| Citation coverage | Summary is a WeSearch-generated derivative; primary citation is the original publisher URL. |
| Cluster | v--gueoAwpeJ |
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| Ranking reason | Story pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking. |
| Publisher visit | Yes — open original |
| Substitutes article? | No — link-out required for full text |
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| Retrieval / RAG | May the content be exposed for third-party retrieval-augmented generation? | Not asserted |
| Model training | May the content be used to train AI models? | Not asserted |
| Commercial reuse | May the content be reused commercially? | Not permitted |
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ABC NewsLiveVideoShowsGood Morning AmericaShopGMAInterest Successfully AddedWe'll notify you here with news aboutTurn on desktop notifications for breaking stories about interest? OffOnStream onCalifornia voters will consider a measure in November to raise taxes on billionairesCalifornians will vote in November on a controversial proposal to impose a one-time tax on billionaires to help fund federal funding cuts to healthcare for low-income peopleBySOPHIE AUSTIN Associated PressJune 25, 2026, 9:09 PM1:02FILE - A large banner is seen at a campaign event for a proposed "billionaires tax" in Los Angeles on Feb. 18, 2026. (AP Photo/Jae C. Hong, File)The Associated PressSACRAMENTO, Calif.
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