California Democrats plan to tap new climate bond for LA wildfire recovery

As wildfires continue to devastate Los Angeles, state Democrats are planning to tap $1.5 billion in bonds for wildfire preparedness just months after voters approved a landmark debt-spending plan for climate projects, as part of a special legislative session originally convened last month to counter the incoming Trump administration.

Gov. Gavin Newsom on Monday requested $2.5 billion from state lawmakers to fund the battle against the Southern California firestorm and prevent new fires from spreading.