(Joseph Weber) “This is one more reason why borrowing and sending tens of billions to California was a crying shame” – Utah GOP Sen. Mitt Romney.
by Joseph Weber, May 11th, 2021
California Democratic Gov. Gavin Newsom is offering COVID-19 relief money to resident-voters amid a likely recall election vote – using a stunning $75.7 billion state surplus that was fueled by capital gains taxes collected during the pandemic and $26 billion in direct state aid from the federal stimulus plan that congressional Democrats passed in March.
Newsom announced the plan Monday in a statewide road show. Money in his $100 billion California Comeback Plan will help residents pay utility bills and back rent, according to Politico.
Voters mounted a successful recall petition drive sparked largely by what they considered Newsom’s mismanagement of the pandemic, including over-strict health-safety measures.
The checks would arrive in voters’ mailboxes before the recall voter is expected to be put to residents on a November ballot.
Former Gov. Gray Davis, who was recalled in 2003, suggested the announcement is good news, telling Politico: “It’s very significant, and it dovetails into the general perception that we are coming out of the pandemic, the worst is behind us, the future looks brighter as evidenced by the checks the public will soon receive.”
However, the budget windfall, the result in part of the state’s progressive tax structure, could result in an anti-tax movement like one three decades ago.
Under a constitutional spending cap, the state must refund taxes and direct more money to schools once revenues top a certain level, Politico also reports.
Senate Republican who warned of the federal package resulting in a slush fund for some states on Monday spoke against Newsom’s plan.
“This is one more reason why borrowing and sending tens of billions to California was a crying shame – and why every Republican in Congress opposed it,” Utah GOP Sen. Mitt Romney tweeted.
About The Author
Joseph Weber comes to JusttheNews after covering national politics for Fox News since 2011. Weber has also been a reporter and editor for such news and media operations as Gannett newspapers and The Washington Times – covering four presidential campaigns, the 9/11 terror attacks and the NFL.
Stillness in the Storm Editor: Why did we post this?
The news is important to all people because it is where we come to know new things about the world, which leads to the development of more life goals that lead to life wisdom. The news also serves as a social connection tool, as we tend to relate to those who know about and believe the things we do. With the power of an open truth-seeking mind in hand, the individual can grow wise and the collective can prosper.
– Justin
Not sure how to make sense of this? Want to learn how to discern like a pro? Read this essential guide to discernment, analysis of claims, and understanding the truth in a world of deception: 4 Key Steps of Discernment – Advanced Truth-Seeking Tools.
Stillness in the Storm Editor’s note: Did you find a spelling error or grammatical mistake? Send an email to [email protected], with the error and suggested correction, along with the headline and url. Do you think this article needs an update? Or do you just have some feedback? Send us an email at [email protected]. Thank you for reading.
Source:
Support our work! (Avoid Big Tech PayPal and Patreon)DIRECT DONATION
Leave a Reply