Senate Democrats said Thursday California's budget surplus soared to a record $68 billion this past year, fueling new spending proposals like giving $8 billion back to taxpayers in the form of $200 checks.
SACRAMENTO — Senate Democrats said Thursday California’s budget surplus soared to a record $68 billion this past year, fueling new spending proposals like giving $8 billion back to taxpayers in the form of $200 checks.
Wednesday, Democrats in the state Senate revealed how they would spend that money. The package includes a “Better for Families Rebate,” which would send a $200 check to every taxpayer who makes less than $125,000 per year, or $250,000 per year for couples who file joint returns. The state would also send $200 checks for each dependent, meaning a family of five would get $1,000.
Both Newsom and Democratic lawmakers who control the Legislature have said they want to get these checks to taxpayers as soon as possible. But so far, they haven’t been able to agree on how to do it. In general, Democratic lawmakers don’t like Newsom’s plan because it would only benefit car owners. Newsom’s plan also includes $750 million to give people free rides on public transit for three months.
The plan would also give about $500 million in grants to businesses with as many as 150 employees to offset the cost of a new law requiring them to give workers up to two weeks off in paid sick leave because of the coronavirus pandemic.
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