Raising money this way is disliked by fiscal watchdogs, particularly conservatives.
And they come as some fiscal watchdogs are expressing growing concern about the amount of debt the city has.
Newsom described himself as a "social liberal and a fiscal watchdog."
Do the Republicans really expect us to believe that all of a sudden, after all these years, they're going to become fiscal watchdogs?
The gap is even larger that fiscal watchdogs had anticipated.
For months, fiscal watchdogs have warned that this year's budget was built on shaky assumptions.
It is one of a growing number of official independent fiscal watchdogs around the world.
It was his second bid for the position as the city's fiscal watchdog.
And, indeed, fiscal watchdogs praise him for those steps, although they say that he has not provided enough details of his plans.
And there is no fiscal watchdog on the state level to object, beyond bond raters.