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California could get $150B from federal virus relief bill

California Budget
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SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom's administration says the massive new federal coronavirus relief bill will pump more than $150 billion into the state's economy.

Nearly half of that money will go to Californians directly in the form of $1,400 checks and expanded unemployment benefits.

Another $26 billion will go to the state government.

Newsom will announce his plans for the money in mid-May.

California's legislative leaders said they're interested in using the money to help people and small businesses.

About $16 billion will go to local governments. That funding will be split between cities and counties.