Today, when he proposes a revised state budget, Gov. Gavin Newsom will tell us a bit more about how bad things really are.
Now his budget needs to account for a deficit he estimated at $54 billion.
But since the state won’t know its total revenues until July — when deferred income and sales tax payments come in — the budget will likely be revised again later.
Tuesday, Senate Democrats unveiled a series of proposals to increase state support for renters, homeowners and landlords amid the pandemic.
And Wednesday, Newsom proposed a roughly $300 million increase for the state’s emergency and disaster response, including 12 Black Hawk helicopters at $24 million a pop to help fight wildfires — which are up 68% from this time last year.
