Dave Regan

“We are facing an emergency.”

Dave Regan · said date not stated · reported 2026-10-18

Regan described the situation following federal Medicaid cuts as an emergency.

“There's never been a proposal like this anywhere in the world, so it's a novel idea,”

Dave Regan · said date not stated · reported 2026-10-18

Regan commented on the novelty of California's Proposition 40, a proposed one-time tax on billionaires' net worth.

“Three-and-a-half million people lose health insurance. Hospitals, clinics, and emergency rooms will close.”

Dave Regan · said date not stated · reported 2026-10-18

Regan described the consequences of healthcare cuts on millions of Californians and medical facilities.

“Absolutely. Ask the three-and-a-half million people who are going to lose healthcare coverage.”

Dave Regan · said date not stated · reported 2026-10-18

When asked if a five-year tax is a solution, Regan pointed to the millions who would lose healthcare coverage.

“What we're trying to do is restore $100 billion worth of health care cuts,”

Dave Regan · said date not stated · reported 2026-10-18

Regan explained the goal of Proposition 40 is to restore healthcare funding cuts from the federal bill.

“We're not trying to pretend that it's a permanent solution,”

Dave Regan · said date not stated · reported 2026-10-18

Regan acknowledged that Proposition 40 is not meant to be a permanent solution to healthcare funding.

“California is America's coming attraction”

Dave Regan · said date not stated · reported 2026-10-18

Regan predicted other states would follow California's lead on billionaire taxation after the November vote.

“but a five-year solution is better than no solution. And that gives the state of California an opportunity to figure out what's the right permanent solution.”

Dave Regan · said date not stated · reported 2026-10-18

Regan argued a five-year tax solution gives California time to find a permanent fix.