California Governor Gavin Newsom has vetoed a controversial bill that aimed to provide housing loans to illegal immigrants, citing financial concerns. The proposed legislation, known as the California Dream for All program, would have offered tens of thousands of dollars in loans to illegal immigrants and U.S. citizens alike. However, Governor Newsom vetoed the bill due to the state's significant budget deficit, which currently stands at $60 billion.
Critics of the bill argue that California cannot afford such unsustainable programs, especially in the face of a growing debt crisis. Many Republicans have voiced their opposition, claiming that offering housing benefits to illegal immigrants could incentivize more individuals to cross the border illegally.
Republican Vice Presidential Candidate J.D. Vance recently addressed this issue during a visit near San Diego, emphasizing the need for policies that prioritize American citizens and discourage illegal immigration. Vance highlighted the impact of illegal migration on housing costs, pointing out that the influx of 21 million illegal aliens has contributed to the unaffordability of housing in California.
Prior to Governor Newsom's veto, former President Trump announced his intention to ban illegal migrants from receiving home mortgages if elected. Trump's proposal aligns with the concerns raised by critics of the California Dream for All program, who argue that providing housing benefits to illegal immigrants exacerbates the state's housing crisis.
The average home price in California currently hovers around $900,000, contributing to the state's homelessness crisis. The decision to veto the bill reflects the ongoing debate over immigration policies and their impact on housing affordability in the state.