Becerra committed to addressing the $22 billion debt California owes the federal government for COVID-19 unemployment benefits. California is the only state in the nation that has not paid it back.

NEW: Xavier Becerra tells me he's preparing a new tax on California's wealthy. He'll also seriously consider new fees for drivers and corporations and will likely remove the CEO of the embattled High-Speed Rail if elected governor of California. https://t.co/qObDGGOc3d

— Ashley Zavala (@ZavalaA) October 29, 2026

While Xavier Becerra is a NO on Prop 40, the CA billionaire tax, he confirmed he's putting together his own wealth tax push if elected. Becerra said he's looking at income, not assets. "You want to make sure it's something that's fair, it's predictable, and it's stable." https://t.co/lIzGYXn9Wd

— Ashley Zavala (@ZavalaA) October 29, 2026