Top execs from California’s largest companies blast state’s wasteful spending in ‘explosive’ ad

Read the original at New York Post ↗
New York Post · collected 2026-10-08 · by Katie Jerkovich

Quick Summary

California’s top business leaders have released an ad through a coalition called Californians Against Wasteful Spending and Higher Taxes to warn voters about upcoming tax measures in November. The “explosive” ad uses dramatic visuals of a bomb disposal operation to highlight concerns over new state and local taxes, emphasizing that California is already the highest taxed state with spending increasing by 79% since 2019. Rob Lapsley from the California Business Roundtable, representing CEOs of major companies with over half a million employees, explains the aim is to draw attention to how ongoing tax hikes are making California less affordable and potentially driving businesses away.
Written locally by qwen2.5:14b on 2026-10-08, using this article's own text rather than the other coverage of the same event (that is the story summary below).

AI analysis runs on qwen2.5:14b, locally

Story summary

Californians Against Wasteful Spending and Higher Taxes, a coalition including California Business Roundtable executives, released an ad warning about impending tax increases in November's ballot. The ad uses dramatic visuals of a bomb squad to highlight what they call a "tax bomb" threatening the state. They point out that California has lost over $31 billion to unemployment insurance fraud and spent nearly $230 billion on the High-Speed Rail project, originally budgeted at $33.5 billion. Additionally, $37 billion was allocated for homelessness with little accountability as the crisis worsened. Despite this spending, issues such as homelessness, deteriorating roads, and underperforming schools persist, leading to an exodus of about 2 million people who have left for states like Texas and Florida. The ad urges voters to reject higher taxes in November's elections.

Written for “California Spending Criticism” on 2026-10-08, grounded in this article and the 0 other(s) covering the same event.
Why this leaning score
The article's own words the score was based on. Each is quoted verbatim and was checked against the article text before being stored, so you can find it in the original.
Reading Leans strongly right (beta estimate) Confidence high
Leaning: leans strongly right for article 64584 (high confidence, 3 verified quotes) · logged 2026-10-08

Signals How these are calculated →

Claims extracted
22
claim-shaped sentences
Uncertain
5%
1 of 22 hedged
Leaning
Leans strongly right
of the writing, not the subject · beta estimate
Correction & hedging signals
66.6
corrections and hedging in what we collected; not a measure of accuracy
Outlets on this story
1
Politics
Narrative spread
1
articles carrying this framing
Analyzed 2026-10-08 · how these are computed

Story

📰 California Spending Criticism
Politics · 1 article(s) covering the same event.

How this is being covered How these are calculated →

Article leaning vs. publisher reliability
Source leaning vs. consistency

Compared with similar articles

Nothing to compare against. No article is close enough to this one for the pipeline to have linked or judged the pair.

Publisher

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Who wrote this

Katie Jerkovich
34 article(s) here · 1 carrying a prediction
🔮 I felt like I couldn’t breathe,” she said previously
🔮 The “explosive” new spot from the Californians Against Wasteful Spending and Higher Taxes coalition uses a fake bomb-squad raid to warn voters about the hundreds of new state and local taxes expected to appear on November’s ballot.
🔮 It was moved from its original location near the Warner Bros. Fire Department following the 1933 Long Beach earthquake over fears it could topple and disrupt emergency services.
🔮 Officials said four people at a nearby worksite who may have been exposed to the rabid animal were receiving “recommended follow-up for rabies post-exposure prophylaxis.”
🔮 Park-Hopper add-ons for single-day tickets — which will start at $75 — can go up by $5-$10 depending on the day.
🔮 “We know that he went to St. Anthony’s dining hall for lunch every day and he would bring home people with him because he had three bedrooms,” DePavloff said.
🔮 Mayor Karen Bass and Nithya Raman turned a South Los Angeles campaign forum into a preview of the increasingly bitter fight for City Hall, with the challenger accusing the mayor of wrecking the city’s finances and Bass firing back that Raman simply isn’t telling the truth.
🔮 “Samples of the deer and bear meat, along with samples of the antlers were sent to CDFW’s Wildlife Forensics Lab where the DNA will be analyzed to determine the sex and genetic profile of each sample,” the CDFW said.
🔮 The competition will take place over the next few weeks, with judges examining the shots and and winners in various categories will be announced December 8.
🔮 Kaiser Permanente confirmed to The California Post it will eliminate 147 non-frontline positions held by employees across the state.
2026-10-02 · assertive framing · Health giant announces mass layoffs across California
Also by Katie Jerkovich
Nothing else under this byline is closely related to this article, so these are simply their most recent.
All 34 articles by Katie Jerkovich →

Topics

California Californians Against Wasteful Spending and Higher Taxes Sacramento Texas the California Business Roundtable

Subjects

California GPE · 7× Sacramento GPE · 4× Lapsley PERSON · 2× the California Business Roundtable ORG · 2× Californians Against Wasteful Spending and Higher Taxes ORG · 1× Florida GPE · 1× Rob Lapsley PERSON · 1× Texas GPE · 1× The California Post ORG · 1× the Coalition for California ORG · 1×

Narrative

The group points to: $31 billion lost to unemployment insurance fraud. $230 billion spent on the High-Speed Rail project, up from its original $33.5 billion budget. $37 billion spent on homelessness, which the group says came with zero accountability as the crisis worsened. The group argues that despite the enormous spending, California continues to struggle with homelessness, deteriorating roads and underperforming schools.
framing: assertive · carried by 1 article(s) · first seen 2026-10-08
🔮 The “explosive” new spot from the Californians Against Wasteful Spending and Higher Taxes coalition uses a fake bomb-squad raid to warn voters about the hundreds of new state and local taxes expected to appear on November’s ballot.

Claims (22 extracted, 1 hedged)

California’s business heavyweights are warning residents that Sacramento politicians are preparing to drop a “tax bomb” on the state — and they’ve released a new ad to make the point. asserted
they → warn → point
The “explosive” new spot from the Californians Against Wasteful Spending and Higher Taxes coalition uses a fake bomb-squad raid to warn voters about the hundreds of new state and local taxes expected to appear on November’s ballot. asserted
spot → use → ballot
The entire state could get destroyed.” uncertain
state → destroy → ?
The ad mentions that roughly 2 million people have “evacuated” — those who have already left California for states including Texas and Florida in recent years. asserted
who → mention → years
The message then identifies the culprit as a “group called the politicians,” accusing them of demanding more taxpayer money for “programs even if they all fail.” asserted
they → identify → programs
The ad ends with a simple message to voters: “No to higher taxes.” asserted
ad → end → taxes
Rob Lapsley, president of the California Business Roundtable, told The California Post that the goal is to get voters paying attention before Election Day. asserted
voters → tell → Day
The key is that they understand what’s coming,” Lapsley said. asserted
Lapsley → understand → ?
“We are the highest tax state in the country and all we are doing is continuing to pass taxes.” asserted
we → do → taxes
Lapsley said the tax hikes are at odds with the constant political focus on affordability and California’s sky-high cost of living. asserted
hikes → say → living
“Everybody talks about affordability and the cost of living but then all you do is see more taxes. asserted
you → talk → taxes
And when you keep piling on more taxes all you do is make California more unaffordable.” asserted
California → keep → taxes
He said the broader concern is whether businesses can continue creating jobs and keeping workers in the state. asserted
businesses → say → state
The California Business Roundtable represents CEOs and top executives of some of California’s largest companies, spanning a combined workforce of over 500,000 employees. asserted
Roundtable → represent → employees
He said the message he hopes people come away from the ad with is that it’s about “jobs and being able to grow jobs and keep California affordable for our employees.” asserted
it → say → employees
The coalition argues that Sacramento has already had plenty of taxpayer money to spend. asserted
Sacramento → argue → money
“In the last five years, Sacramento blew through a $100 billion surplus on a reckless spending spree, with billions of taxpayer dollars lost to waste and fraud. asserted
Sacramento → blow → waste
State spending increased by 79% since 2019,” a message on the coalition’s website reads. asserted
message → increase → website
“New taxes won’t solve the problem. asserted
taxes → solve → problem
They’ll make it worse by driving away jobs, revenue, and opportunity, ultimately hitting regular people and businesses the hardest.” asserted
it → make → people
Another business-backed group, the Coalition for California, has also been hammering Sacramento over its spending. asserted
group → back → spending
The group points to: $31 billion lost to unemployment insurance fraud. $230 billion spent on the High-Speed Rail project, up from its original $33.5 billion budget. $37 billion spent on homelessness, which the group says came with zero accountability as the crisis worsened. The group argues that despite the enormous spending, California continues to struggle with homelessness, deteriorating roads and underperforming schools. asserted
California → point → homelessness
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