California has a staggering $75.7B budget surplus
SACRAMENTO — California expects a staggering $75.7 billion surplus despite a year of pandemic closures — an amount that surpasses most states' annual spending and prompted Gov. Gavin Newsom on Monday to propose sending cash back to residents as he faces a recall election.
Read more here: https://www.politico.com/states/california/story/2021/05/10/california-has-a-staggering-757b-budget-surplus-1381195
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