Californians could see another stimulus check due to the state budget surplus
Californians could see another stimulus check due to the state budget surplus

Californians could see another stimulus check due to the state budget surplus

SACRAMENTO, California (KTXL) – Like last year, there is a push to possibly send more Golden State stimulus checks.

“What would you do with $ 45 billion?” said State Senator Brian Jones.

In a video released Wednesday, Jones shattered the state’s expected budget surplus with rice.

“If each grain of rice is $ 100,000, that means California’s $ 45 billion profit is taxes that are overcharged,” Jones said, pointing to a pile of rice.

He noted that it is enough to give $ 1,125 back to every Californian, more than $ 4,000 for a family of four.

This year, California is likely to pass what is called the Gann boundarywhich limits the amount of tax revenue the state can use and gives the state some options for what is left over, including a rebate back to the taxpayers.

Gov. Gavin Newsom said in his January budget proposal that his office projects that the state would be over the Gann border by $ 2.6 billion. Jones supports sending discounts, or what was considered the Golden State stimulus last year.

“If it’s 2,500, if it’s 1,500, any amount that we can convince the state, the governor, the Democrats in the Legislature to send back, I think is a benefit to every Californian and every California family,” Jones said.

Newsom did not include this kind of spending when he presented his state budget proposal last month, but he did answer questions about a potential round of Golden State stimulus checks.

“Yes, there are likely to be significant contributions left to taxpayers. What form they come in, we will work with the legislature and to what extent will be determined in May,” Newsom said.

“Our office thinks it’s a very good idea for the Legislature to develop a plan before that,” said Gabe Patek, a state law analyst.

Patek said waiting until May to decide how to spend the money could put lawmakers and the governor in a difficult position, giving them only weeks to negotiate a budget deadline of June 15.

He said it is likely that the budget surplus will be even larger than Newsom’s $ 45.7 billion projection last month.

“Since the time of the governor’s budget proposal, we know that the revenue has exceeded the governor’s estimate and they have exceeded last year’s budget law. All signs point to higher revenue than the governor estimates,” Patek said.

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