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Gov. Newsom plans to expand Golden State Stimulus $600 payments, fund more rent relief

Gov. Newsom plans to expand Golden State Stimulus $600 payments, fund more rent relief
I'm about to make an announcement. No other governor in California history has ever made and I would argue, no governor in American history is ever made. Uh today we're announcing a $75.7 billion dollar budget surplus. I'll repeat that. Uhh there's only three people apparently heard it This time. Last year we announced a $54.3 billion dollar projected shortfall shortfall. Today We are announcing a projected $75.7 billion $75.7 billion dollars operating budget surplus. An additional $26 billion dollars will be coming from the federal government. We are now in a position to roll out 100 plus billion dollar comeback plan in the state of California. And the first announcement in that plan we're announcing today, and that's immediate relief to millions and millions of taxpayers, millions and millions of Californians today. We're announcing $12 billion dollar tax rebate To the people of the state of California, earning up to $75,000. Let me put that in perspective. That tax rebate will impact just shy of 80 of all tax filers will get a direct stimulus check, will get a direct relief payment because of this announcement. 2/3 of all Californians Will benefit from this stimulus. That's roughly $12 billion. Let me be specific $11.9 billion dollars when you add as Senator Skinner said to the stimulus around one stimulus that we put out a number of months ago. I want to make this clear and I make this with respect that is due. This is a proposal from the administration, it requires concurrence in support of the legislature and that's why it's humbling and very meaningful to have the two budget chairs here today and by no means naive about the deliberative process. As we roll out. Uh not only today's announcement, but we Roll out. This may revise on Friday of the importance of that give and take with the legislature. But I'm mindful that our values are aligned and that's been demonstrable over the course of the last number of months with the early action that we've taken. So $12 billion dollars in direct tax rebate. That's the largest year over year tax rebate that's ever been provided in any state In American History. # two, we're very mindful That that stimulus alone of $600 $500 for families with Children and those I-10 filers is not enough to address the stress, the anxiety over the course of the last year plus in this pandemic induced recession. And that's why today will be announcing our desire our plan To double the rental assistance in the state of California with the goal of getting 100 Of all the back rent paid and provide 100 support over the next few months to renters that have been directly impacted by this pandemic $5.2 billion dollars were putting up to take care of rent payments. In addition to the 5.2 billion. This builds on the 2.6 we announced a number of months ago, additional $2.65.2 billion 100 of that rent going back to last april and moving forward over the course of the next number of months. We're also mindful rent is just one part of the burden of households, Issues of gas, electricity and water are real. So today we're announcing $2 billion off water, gas and electricity needs one billion One billion of that $2 billion. Specifically, we're proposing to be set aside to address the issue of water in this state. So this is not an insignificant announcement. It's unprecedented, as I say, in California history, but that's rhetoric and that often gets lost. But direct stimulus checks going into people's pockets, that direct relief that's meaningful Direct renter relief at 100%. Not the 80 is our proposal, and we would allow for that 100 to be retroactive to cover those that have already received the 80 assistance and providing $2 billion dollars for gas and electricity and for water, we think is a significant direct not only stimulus, but direct relief to millions and millions of Californians in need. And this is just the first of many announcements this week across the spectrum that amplify the narrative of this state truly roaring back. I want to just close, make a few subsequent points to what senator was referring to a moment ago as well. This is all on the basis of the recovery that California is already experiencing it on the basis of the revenue that's coming in historic terms in the state of California. And that's because we are defeating and we are successfully applying strategies to address this pandemic. And as Senator Skinner rightfully said, our case rate and our positivity rate are among the lowest in the United States of America. In fact, today, the seven day rate Came in at just 1.0%. That's the lowest seven day case, right? Or rather positivity rate since the beginning of this pandemic. And and put that in perspective. And some have suggested, well, we're not testing like we did, that's not necessarily the case. 220 3000 tests came in yesterday. 1000 337 individuals tested positive for COVID. Accordingly, senator was right, California continues to make progress on vaccinations. Just shy of 32 a half million doses have been administered to Californians, just shy of 62% of all Californians have received at least one dose eligible Californians 16 and over this week, we will request from the federal government 100% of the available supply that's been set aside for the state of California 2,076,000 doses to be exact. And while there has been a decline in people that have looked to access the vaccine, it's not as precipitous as many other states, but we are mindful. It's a decline nonetheless. And I reinforced this in closing before we open it up to questions to make this point. one has to do with the other that California's economic success. Our economic recovery is predicated on ending this pandemic. And we need to be mindful that this disease is not taking, didn't take mother's day off and it's not taking the summer off. It's as deadly as it's ever been. And we are mindful that the mutations are as challenging as they've ever been. We are monitoring well over, uh, well just shy of a dozen mutations in this state. And that's why it's important to remind each and every one of you the power and potency if we want to get our kids safely back into in person instruction to get our small businesses back up and operational. If we want this economic recovery to continue as robustly as its began, We need to continue our vaccine program. We need to continue to be vigilant and mindful of mask wearing and social distancing until this disease is behind us once. And for all 275,000 jobs have been creating the last two months In the state of California, 41 of America's jobs came out of the state of California. In february California is not just back, California is roaring back and I want to thank every member. This remarkable place we call home, every member of our extraordinary community, 40 million Californians, strong for everything you've endured, for your resilience, for your grit, for your determination and for your commitment not only to yourselves and your loved ones, but the broader community. Because everything we just announced is because of the people of the state of California, their hard work and that's demonstrable in the announcement that we're making here today. So with that we're here of course to take any questions
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Gov. Newsom plans to expand Golden State Stimulus $600 payments, fund more rent relief
Two out of every three Californians would get a stimulus check of at least $600 under a planned expansion of the state's Golden State Stimulus program, and families with kids would get an additional $500, Gov. Gavin Newsom said Monday.Newsom also announced that the state planned to double rental assistance for people who have fallen behind on rent during the pandemic. Under Newsom's plan, the state would help low-income Californians pay back rent 100%. More money would also be available for assistance with paying utility bills, Newsom said.Newsom unveiled some of his $100 billion economic recovery plan Monday in Oakland, saying that he would hold more events throughout the week.He said that due to a projected $75.5 billion budget surplus and $26 more billion more from federal funding the state could afford to "provide immediate relief to millions and millions of taxpayers."Under the governor's plan, which must be approved by the Legislature, families who make up to $75,000 would qualify for the next round of Golden State Stimulus payments."That direct relief, that's meaningful," Newsom said.On Mother's Day, Newsom tweeted that the state planned to invest "millions" for child care.This content is imported from Twitter. You may be able to find the same content in another format, or you may be able to find more information, at their web site. More than 2.5 million California Golden State Stimulus payments worth $1.6 billion have already gone out for eligible people in the state who have already filed their tax returns. Many others can expect theirs after filing their taxes."Californians who have not filed their 2020 taxes should know they may qualify for these funds, and we look forward to building on programs like this that invest in and support Californians in the months ahead," Newsom said in a release by the state's Franchise Tax Board last week.Some other Californians, like those who receive Supplemental Security Income benefits, can expect payments later this summer. And participants of CalWORKs and recipients of other benefits may qualify for a one-time $600 Golden State Grant Program payment, which is separate from the Golden State Stimulus.

Two out of every three Californians would get a stimulus check of at least $600 under a planned expansion of the state's Golden State Stimulus program, and families with kids would get an additional $500, Gov. Gavin Newsom said Monday.

Newsom also announced that the state planned to double rental assistance for people who have fallen behind on rent during the pandemic. Under Newsom's plan, the state would help low-income Californians pay back rent 100%. More money would also be available for assistance with paying utility bills, Newsom said.

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Newsom unveiled some of his $100 billion economic recovery plan Monday in Oakland, saying that he would hold more events throughout the week.

He said that due to a projected $75.5 billion budget surplus and $26 more billion more from federal funding the state could afford to "provide immediate relief to millions and millions of taxpayers."

Under the governor's plan, which must be approved by the Legislature, families who make up to $75,000 would qualify for the next round of Golden State Stimulus payments.

"That direct relief, that's meaningful," Newsom said.

On Mother's Day, Newsom tweeted that the state planned to invest "millions" for child care.

This content is imported from Twitter. You may be able to find the same content in another format, or you may be able to find more information, at their web site.

This content is imported from Twitter. You may be able to find the same content in another format, or you may be able to find more information, at their web site.

More than 2.5 million California Golden State Stimulus payments worth $1.6 billion have already gone out for eligible people in the state who have already filed their tax returns. Many others can expect theirs after filing their taxes.

"Californians who have not filed their 2020 taxes should know they may qualify for these funds, and we look forward to building on programs like this that invest in and support Californians in the months ahead," Newsom said in a release by the state's Franchise Tax Board last week.

Some other Californians, like those who receive Supplemental Security Income benefits, can expect payments later this summer. And participants of CalWORKs and recipients of other benefits may qualify for a one-time $600 Golden State Grant Program payment, which is separate from the Golden State Stimulus.