California News

Newsom Plans $100B Economic Recovery Plan That Includes Majority Of Californians Receiving A $600 Stimulus Payment

Bloomberg-


California Governor Gavin Newsom plans a $100 billion economy recovery package, with the centerpiece a proposal to give $11.9 billion of direct cash payments to Californians.

The plan would expand on a previous program distributing $600 checks to qualifying low-income residents by extending eligibility to the middle class. Two out of three Californians would receive a check of at least $600, and families with kids will get an additional $500, according to a release from the Democrat’s press office. It would create the biggest state tax rebate on record, the release said.

Newsom, who’s facing a likely recall election later this year, will spend the week highlighting parts of his package, which is billed the “California Comeback Plan.” He’s required to present a revised budget for the next fiscal year by Friday.

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