California budget calls for $15 billion in economic relief
Staff and wire reports
California Gov. Gavin Newsom s $227 billion budget plan released Friday would turn a $15 billion windfall because of surging tax revenues into economic relief as the state confronts the coronavirus pandemic and ensuing deaths.
He pressed for lawmakers to act quickly on $5 billion in “emergency funding for five priorities: $2 billion for reopening schools, boosting coronavirus vaccine spending, $735 million in small business grants and fee waivers and $2.4 billion to give $600 cash payments to roughly 4 million people.
The money comes from surging tax revenues despite the pandemic, as California s richest continue to prosper and lower-income people are hit hardest from job losses.
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