California’s Governor Gavin Newsom announced Monday, May 10 he will expand the state’s economic stimulus program to middle income families, which means the Golden State Stimulus now provides at least $600 to two-thirds of Californians. He also announced that California has a $75.7 billion budget surplus. “California is not only back, it is roaring back,” Newsom said during a news conference at Unity Council in Oakland. Newsom was in the Bay Area to unveil a $100 billion comprehensive economic recovery plan, dubbed the California Comeback Plan, as the state continues to emerge out of the strains of the COVID-19 pandemic. Newsom outlined his economic plan for how tens of billions of dollars in federal aid will be allocated. The Golden State Stimulus, which also will provide an additional $500 to families with children, is a part of that plan. In the employment arena, Newsom indicated the state added 275,000 jobs over the past two months.
