Tag: $100 billion California comeback plan proposal
California Tax Board Prepares For Release of Golden State Stimulus II Payments
The California Franchise Tax Board updated their website on Wednesday in preparation for California’s largest stimulus program in history, the Golden State Stimulus II, to begin disbursement next week. Golden State Stimulus II was first proposed in May when Governor...
California Stimulus Checks to Arrive Week Before Recall Election in September
Governor Gavin Newsom signed into law the $100 billion budget deal on Monday, setting up the $12 billion Golden State stimulus plan to come into effect shortly before the September 14th recall vote. Press play to hear a narrated version...
Governor Newsom Outlines $2 Billion Wildfire, Emergency Budget Proposal
Governor Gavin Newsom outlined his $2 billion proposal on greater wildfire fighting and preparedness on Monday, splitting the amount by giving roughly $1.2 billion to wildfire management and $800 million to emergency preparedness. A small part of his controversial $100...
Gov. Newsom’s State Surplus Found To Be Only $38 Billion In New LAO Report
Earlier this week, the California Legislative Analyst’s Office, a non-partisan group within the California state government, found that the state budget surplus is only around $38 billion – half of the $76 billion that Governor Newsom touted in his recent...
Gov. Gavin Newsom Unveils $267.8 Billion Revised Budget
Governor Gavin Newsom unveiled his revised $267.8 billion May budget proposal on Friday, primarily touting the addition of his $100 billion California Comeback Plan. Newsom’s plan, which was already partially revealed earlier this week, would be funded by California’s $75 billion...
Former San Diego Mayor, Recall Candidate Kevin Faulconer Proposes 0% Marginal Income Tax Rate
Former San Diego Mayor and recall candidate for Governor Kevin Faulconer announced a proposal on Wednesday to drastically cut the state income tax in California. Speaking at a campaign event in the LA suburb of Downey, Faulconer proposed an end...