Last mentioned: 2d ago
Potential Ballot Measure
Expected date for a regional tax measure to provide permanent BART funding.
Refund Demands
Governors Newsom and Pritzker demand immediate repayment of $130B to taxpayers.
Federal Aid Exhaustion
Emergency federal pandemic relief funds for transit agencies are fully utilized.
Loan Authorization
Gov. Newsom approves $590 million emergency loan to bridge the fiscal gap.
SCOTUS Ruling
Supreme Court strikes down tariffs in a 6-3 decision, calling them an illegal cash grab.
Legal Challenges Begin
State governors and trade groups file suits alleging executive overreach.
Tariffs Imposed
President Trump invokes emergency powers to implement broad global tariffs.
Pandemic Onset
BART ridership collapses as remote work becomes standard in the Bay Area.
Following a landmark 6-3 Supreme Court ruling declaring President Trump's emergency tariffs illegal, Democratic Governors Gavin Newsom and J.B. Pritzker are demanding immediate refunds for taxpayers. The ruling invalidates over $130 billion in collected duties, sparking a massive legal and administrative battle over consumer compensation.
California Governor Gavin Newsom has approved a $590 million emergency loan for Bay Area Rapid Transit (BART) to bridge a critical budget deficit. The intervention aims to prevent immediate service cuts as the agency struggles with a persistent post-pandemic ridership slump.
Senator Bernie Sanders has launched a high-profile campaign in California to implement a wealth tax on the state's billionaires, setting up a direct confrontation with Governor Gavin Newsom. The dispute highlights a growing rift within the Democratic party over fiscal policy and the potential for capital flight from the nation's wealthiest state.