About this transcript: This is a full AI-generated transcript of Panel: The standouts & stumbles from CA governor debate from CNN, published May 6, 2026. The transcript contains 1,882 words with timestamps and was generated using Whisper AI.
"As a Californian yourself, what did you make of how they differentiated themselves tonight in this crowded field? Well, look, I mean, I thought that Tom Steyer, his experience showed. He's run for president. They tried to jump on him a couple of times. He's a conviction politician. And if you like,"
[0:00] As a Californian yourself, what did you make of how they differentiated themselves tonight in this
[0:04] crowded field? Well, look, I mean, I thought that Tom Steyer, his experience showed. He's run for
[0:12] president. They tried to jump on him a couple of times. He's a conviction politician. And if you
[0:17] like, you know, strong left-wing politics, he was your guy. The problem we have in California
[0:21] is we produce more billionaires in any nation or state and we resent the hell out of them.
[0:26] And so I'm not sure how many people are going to stick with him because he's a billionaire.
[0:30] I thought Matt Mahan showed a breath of fresh air. He's a young guy. He's new to politics. He was
[0:36] pragmatic. And I think Becerra didn't do himself much good. I think he looked pretty squirrely
[0:42] on the Medicare for all issue. He was a little bit squirrely on some other stuff. He's been the
[0:48] rising star because of Swalwell getting out. I don't think he helped himself tonight.
[0:53] You know, there were a couple of dynamics. I mean, there's the Trump of it all, which we'll
[0:57] definitely get to. But for the Democrats, the five of them on the stage, I do think that in a state
[1:03] like California, you've got a lot of progressives. They're very liberal. But there's definitely a sense
[1:08] that they know people want some change. They know that Californians think things are not going so
[1:14] swimmingly in the state. Something's got to get. Yeah, absolutely. Prices are high there. You know,
[1:19] they each had to say something about the previous governor. You also have a situation where I think
[1:25] a lot of Democrats don't feel like this is the ideal ticket. You don't have people on the stage
[1:31] that people are in love with. Eric Swalwell dropped out of the race because he had sexual assault
[1:37] allegations against him. There are some major changes that need to happen within the Democratic
[1:42] Party. It's a moment of reckoning for the Democratic Party in California. But I do think that overall
[1:47] issues like the cost of living, affordability, health care, all of these things are still
[1:51] things that people care about in California. And there needs to be major change. And it's not just
[1:56] policies because of the president and the war. It is policies because the governor and the governor
[2:02] will be on likely be on the presidential ballot in 2028. And so this is also referendum on him, Rob.
[2:08] I think you're right, Zodji, about that's a California good Democrats do have to stare it in the face
[2:14] what has been happening inside the California Democratic Party that's led to the affordability
[2:18] challenges. Democrats all across the country this year have decided to try to make the election
[2:22] about affordability. But the most Democratic state in the country is the most unaffordable state.
[2:27] That's why 1.23 million people have moved out of the state and moved into places like Nashville and
[2:31] Texas. And so I only heard Matt Mahan tonight talk about affordability in a real pragmatic way of
[2:37] what he could do about it. He talked about eliminating the CEQA process, which is an environmental
[2:41] review process that makes infrastructure construction impossible. He talked a little bit about the tax
[2:46] problem, about how California is one of the highest tax states. I thought Katie Porter might have had
[2:52] a lane to do that tonight, but I didn't see it from her. Well, let me play what she said about the
[2:56] billionaire tax. It's been so controversial in California. Listen. This tax isn't going to
[3:05] fundamentally change California's economy in the way that young people and the working people of
[3:11] California need. It's a one-time tax, but we don't have one-time revenue needs. It taxes billionaires
[3:19] as if half billionaires don't have two nickels to rub together and couldn't chip in a little bit more.
[3:25] So yes, to a progressive tax code. Yes, to the wealthy paying more. But this tax is about cheap
[3:32] political points. It is not about really fundamentally changing California's economy for the better.
[3:38] That's going to take real political courage. Billionaires like me should pay more taxes
[3:42] and the big corporations should pay more taxes. Excuse me, you literally said- And that's why
[3:46] if this proposition is on the ballot in November, I'll vote for it. But going forward, we do need
[3:52] to go further. This is a one-time tax. And it also doesn't spread the money across the government
[3:58] the way everything else goes. That was one of those times where you're kind of trying to jump on
[4:06] on Tom Steyer. But he actually did pretty well for himself. So- Well, if you support the billionaire
[4:11] tax, which actually maybe many Californians do. I think Katie Porter is betting that some Californians,
[4:18] you know, they want a progressive tax system, but they think that this is like a two-by-four
[4:21] dollar, hitting their, you know, sort of taxpaying population over the head of it.
[4:27] I live in Miami and I can tell you almost every week right now, there is some California billionaire
[4:32] who comes out as having broken a real estate record for buying a house in Miami that costs
[4:38] $200 million because they are all fleeing the state before a certain deadline, a year deadline
[4:44] and establishing homesteads in Florida. So that's not helping the California economy.
[4:49] There are so many industries that have left California, the movie industry, which is so
[4:53] symbolic of California. Most of the productions are right now happening overseas or in other
[4:59] states like New Mexico. It's happening in Canada. It's cheaper to fly people and film a movie
[5:05] in Scotland than it is to do so in California. So they are having very big issues. I think out
[5:12] of all of those people on the stage, somebody needed to stand out. That did not happen.
[5:16] I cannot believe I sat through two hours of them bickering instead of drinking margaritas
[5:21] at La Palapa tonight on Cinco de Mayo. I do think, you know, sorry, we couldn't provide
[5:27] the margaritas. These things are not mutually exclusive.
[5:31] We definitely should have had some margaritas.
[5:34] Listen, Tom Steyer is a progressive and even though he's taken all the money from the coal
[5:40] companies, as Katie Porter keeps saying, he's now an environmentalist and all of that. So I guess
[5:46] you like him. I have a hard time thinking that a state that is 40 percent Latino, that is pissed
[5:53] off at billionaires, that thinks they're not paying their fair share, is going to vote for Tom Steyer.
[5:59] It's obvious to me that Javier Becerra has inherited the Swalwell vote, that he's on the
[6:04] ascent. And that's why he was being hit on like a piñata, to go back to my Cinco de Mayo
[6:10] theme tonight by everybody.
[6:13] Let's talk about the two Republicans who are on the stage, Steve Hilton, a recent California
[6:21] transplant from the UK, and Chad Bianco, who's a sheriff. Let me just show you the polls, because I
[6:28] think that to understand where we are here, Steve Hilton is sort of nominally at the top of this
[6:33] pack, to put it mildly. But this is all within the margin of error. We don't really know where
[6:40] where this is going right now. But Hilton has the Trump endorsement. Yeah. He was asked about whether
[6:48] or not he would support mass deportations, didn't want to say. So how do you leverage a Trump
[6:56] endorsement to a victory in a state like California, where Trump is so unpopular?
[7:01] Yeah, it's it's a difficult puzzle to solve. Although I had to say for Hilton, I didn't know
[7:07] much about him before I started following this campaign. I interviewed him yesterday on my radio
[7:11] show. He's quite articulate about asking the right questions, which is this. If the state is failed,
[7:17] if the education system has failed, if it's an affordability crisis, if we're only one of five
[7:22] states where people are actually leaving instead of going into. If you have all these problems,
[7:28] is it a good idea to have one party rule for so long? And Hilton, I think, has articulated that.
[7:34] I asked him yesterday, you know, is it possible for a Republican to get elected governor of California?
[7:38] He you know, he has a way to lay out the math that shows, yes, you could attract independents and
[7:43] even some disaffected Democrats who are sort of fed up with the fact that they live in a state
[7:47] that's beautiful and has all these things going for it, but has been so mismanaged that people hate
[7:52] living here so much that they're fleeing to Miami and other places. And, you know, watching this
[7:56] debate tonight, watching Democrats argue with each other about how to raise more taxes, how to further
[8:01] ruin health care, how to let in more illegal immigrants. It makes you believe that someone
[8:05] like Steve Hilton, if you just articulate the right questions, sometimes that can get you
[8:10] pretty far. The only way a Republican wins in California is if it's somehow out of this crazy
[8:15] jungle primary, two Republicans make it. But if there is one Democrat against Steve Hilton,
[8:21] whether it's Tom Steyer, whether it's Javier Becerra, that Democrat is going to win.
[8:25] And my response to that is you're probably right. But my question is, is that a good thing?
[8:31] Is it a good thing for California to continue to just vote for the same party that has created
[8:35] all these problems that everyone seems to agree to exist?
[8:38] Look, you're at a boiling point right now in California where if an outsider with the right
[8:46] message came along, Arnold Schwarzenegger did that, you could get there. Unfortunately,
[8:51] it is a non-starter to have somebody who will not acknowledge that Donald Trump lost to Joe
[8:56] Biden in 2020. He just basically took himself out of the running. If he would just moderate on
[9:01] anything at all, he would have the opportunity or anybody would have the opportunity to point out
[9:06] a lot of stuff is not working. But that's not going to happen. You are correct. Snoopy,
[9:12] a Twinkie running against a Republican in California will win in California if the Republican
[9:20] is saying that Donald Trump is winning. Katie Porter may put that to the test, though. I mean,
[9:24] she's one of the worst political athletes we've seen in a large state. Oh, come on. Give that woman
[9:28] some credit. She spent the whole night trying to be nice.
[9:31] She's one of the least likable, most uninteresting politicians we see rise to the top in a large
[9:39] state. You know, all the New England states eventually elect a Republican governor. Massachusetts
[9:43] did it for like 20 years in a row. The voters know that the legislature has got things under
[9:47] control from their ideological perspective, and they send some adult supervision. You see it
[9:51] sometimes in the South. Steve Beshear in Scotts home states, a Democrat governor in a Republican
[9:55] state. Eventually it will happen in California because the legislature will manage the state to the
[9:59] point where the voters have no other choice. I don't know if it's this year or not.
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