San Francisco Examiner-
The state of California does not have the financial wherewithal to afford the White House’s plan to extend expanded unemployment benefits during the COVID-19 coronavirus pandemic, Gov. Gavin Newsom said Monday.
Newsom said in his daily coronavirus briefing Monday that the state would have to cover 25 percent of the costs associated with a $400 per week unemployment insurance payment, as outlined in a memorandum President Donald Trump announced over the weekend.
That 25 percent would amount to the state spending between $700 million and $3 billion in taxpayer funds per week. The state would have to make sharp cuts to public services to foot that bill, Newsom said.
