SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom is delivering a booming spending plan to the Legislature.
It's fully one-third larger than the state's current budget.
Newsom revealed his initial budget proposal in January. He updated that proposal Friday based on more than $100 billion in new money. That's a combination of a $76 billion surplus of state revenues plus $27 billion in federal coronavirus aid.
LIVE NOW: The #CAcomeback Plan tackles the most persistent challenges facing California & is the biggest economic recovery package in state history. Governor @GavinNewsom submits his plan to the Legislature. https://t.co/9fk3zIoxUh— Office of the Governor of California (@CAgovernor) May 14, 2021
In his plan, Newsom wants to give 11 million people direct payments of up to $1,100 and pay for all 4-year-olds to go to pre-kindergarten for free. He also wants to give $1.5 billion to small businesses hurt by the pandemic.
Lawmakers have until mid-June to consider the plan.