Budget Surplus Gives Boost to Gavin Newsom Ahead of Recall
California could have as much as $16.7 billion more in revenue than what was predicted in January. Some of the surplus may be sent back to taxpayers in refunds, helping the governor’s chances in the recall election.
May 10, 2021 •
Gov. Gavin Newsom has a lot of problems.
Money isn t one of them.
This week he s expected to release a revised state budget proposal that s so flush with revenue he ll be obliged by law to send some of it back to taxpayers in the form of refunds.
It s a far cry from the budget he presented a year ago that slashed public employee salaries, cut spending on universities and delayed billions of dollars worth of projects to shore up what was expected to be a severe recession.
California has a huge budget surplus. That s good news for Gavin Newsom as he fights a recall
Sacramento Bee 5/10/2021 Lara Korte and Kim Bojórquez, The Sacramento Bee
May 10 Drought and dry wildfire conditions. A pandemic. A recall election with a panoply of ambitious would-be adversaries.
Gov. Gavin Newsom has a lot of problems.
Money isn t one of them.
This week he s expected to release a revised state budget proposal that s so flush with revenue he ll be obliged by law to send some of it back to taxpayers in the form of refunds.
It s a far cry from the budget he presented a year ago that slashed public employee salaries, cut spending on universities and delayed billions of dollars worth of projects to shore up what was expected to be a severe recession.
Rising tensions, heated words add pressure to reach a deal soon on reopening California schools edsource.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from edsource.org Daily Mail and Mail on Sunday newspapers.
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An indispensable tool of good legislating is face-to-face dickering. That hasn’t been happening. One result was that the Legislature adjourned for the year in August amid excessive feuding between the two houses, especially among the leaders.
“The process is screwed up,” Assemblyman Adam Gray (D-Merced) says. “It’s difficult to navigate through this. It’s hard to organize the committees. They’re not as transparent and public as they should be.”
Gray introduced a bill, AB 62, that would allow small businesses and those deemed essential such as healthcare facilities, emergency services and food processing to take a dollar-for-dollar tax credit on virus-protection expenses required by the state. Covered would be such things as employee testing, masks, ventilation systems and plexiglass barriers.