$12 billion stimulus check proposal

California Tax Board Prepares For Release of Golden State Stimulus II Payments

August 25, 2021 4:01 pmAugust 26, 2021 11:37 am

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

July 13, 2021 5:18 pmMarch 23, 2022 11:49 am

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...

CA Legislature Passes $262.6 Billion 2021-2022 State Budget

June 29, 2021 11:13 amJuly 1, 2021 7:08 am

The California Legislature formally passed the $262.6 billion 2021-2022 budget on Monday, sending the bill to Governor Newsom to sign before the June 30th budget deadline. The new state budget has been one of the main focuses for both legislators...

Gov. Newsom’s State Surplus Found To Be Only $38 Billion In New LAO Report

May 19, 2021 11:33 am

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

May 14, 2021 3:07 pmMay 14, 2021 3:09 pm

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

May 13, 2021 11:30 amMay 13, 2021 11:34 am

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...

Governor Newsom Unveils $100 Billion ‘California Comeback Plan’ Proposal

May 10, 2021 6:19 pmMay 12, 2021 11:22 am

Governor Gavin Newsom announced on Monday in Oakland that he would be proposing a $ 100 billion “California Comeback Plan” to cover statewide stimulus checks for 2/3rds of all Californians, rental assistance, and other direct cash forms of economic relief....