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States now flush with cash after depths of pandemic

SACRAMENTO, Calif. In the days after Gov. Gavin Newsom A terrifying sense of deja vu gripped state lawmakers who still had vivid memories of a decade earlier when the Great Recession forced California’s government to cut services and spending to the bone. “When the pandemic began, we shut down the economy and our sales tax revenues plummeted,” said Assemblyman Phil Ting (D), who heads the budget committee. “There was no revenue of any sort at all, except for grocery stores and some restaurants doing takeout.” ADVERTISEMENT Newsom’s office at the time projected a $54 billion deficit in the year ahead, a sum equivalent to about a quarter of the entire state budget.

States now flush with cash after depths of pandemic

States now flush with cash after depths of pandemic
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Florida COVID-19 vaccines, cases, deaths: Live updates for May 1

CDC guidelines on wearing masks after vaccination could affect communities of color, experts say. Here s how. The Centers for Disease Control and Prevention’s new guidelines easing outdoor masking recommendations for fully vaccinated individuals may lead to some unintended consequences, particularly for people of color, health experts say. The agency announced the recommendations Tuesday, as growing evidence shows the risk of infection outside is very low, particularly for those who are fully vaccinated. Health officials used the announcement as another opportunity to encourage vaccinations by providing tangible benefits to those who have gotten their shots. “The bottom line is clear. If you’re vaccinated, you can do more things more safely both outdoors as well as indoors,” President Joe Biden said in a White House briefing Tuesday. “For those who haven’t gotten their vaccination yet . this is another great reason to go and get vaccinated now.” | Read more

Stimulus check update: Will there be a fourth COVID relief payment?

Even so, roughly two-thirds of Americans say the latest $1,400 check won’t last them three months, according to a recent Bankrate survey. Democrats are also pushing Biden to extend other stimulus measures, including the duration of unemployment benefits and a child tax credit payment program. Republicans have cited concerns over the fast-growing budget deficit as they debate more coronavirus-aid spending. Many of them also argued against the inclusion of the weekly $300 unemployment boost in the latest stimulus package passed in March, dubbed the American Rescue Plan, saying that the amount was too large and discouraged Americans from returning to work.

Special Report: How Trump scored a big tax break for conserving a golf range

Special Report: How Trump scored a big tax break for conserving a golf range By Joseph Tanfani and Jaimi Dowdell Reuters LOS ANGELES (Reuters) - When Donald Trump bought his seaside golf course in a wealthy Los Angeles suburb in 2002, he vowed to surround it with “some of the most beautiful houses in California. But the 261-acre property on the Palos Verdes Peninsula had a problem. Geologists working for the city would not clear part of it for home-building because of unstable soil underlying the course, built on a landslide-prone bluff overlooking the Pacific Ocean. The denials infuriated Trump, who lobbied and litigated for eight years in a failed effort to reverse the geologists’ findings and secure development approvals, according to interviews with planners and geologists and a Reuters review of public records and court filings.

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