Newsom to Unveil Coronavirus-Impacted Budget

SACRAMENTO, Calif. (AP) – California Gov. Gavin Newsom is expected to reveal his plan Thursday for plugging a $54.3 billion hole in the state budget. California’s revenues have plummeted since the state has been under a mandatory stay-at-home order to stop the spread of the coronavirus. More than 4.5 million people have filed for unemployment benefits in California since mid-March. Now, Newsom has to decide what to cut. Lawmakers will review Newsom’s proposal. They must pass an operating budget by June 15. If they don’t, lawmakers would forfeit their pay. But lawmakers could amend the state spending plan after that date.