Governor Gavin Newsom today previewed his $100 billion California Comeback Plan — the biggest economic recovery package in California’s history.
Among the largest investments will be a tripling of the state’s direct stimulus effort to include a total of nearly $12 billion in direct cash payments to Californians.
Newsom’s plan will expand the Golden State Stimulus to middle-class families, creating the biggest state tax rebate in American history.
Two-thirds of Californians will benefit from a stimulus check of at least $600, and families with kids will now benefit from an additional $500.The California Comeback Plan would also include the largest statewide renter assistance program in the country, helping qualified low-income Californians pay back 100 percent of their back rent and rent for several months into the future and giving billions to Califo