Gov. GavinNewsom's proposal to send people another round of government checks could help him balance the state's budget. On Tuesday, Newsom proposed sending rebates to taxpayers to help with the high cost of fuel.
An advertisement for the series"The Dropout" is shown behind a price board at a gas station in San Francisco, Tuesday, March 8, 2022.
Newsom had not proposed any new rebates so far this year. But Tuesday, he included a surprise proposal in his annual State of the State address: A rebate to help people pay for the high cost of fuel. His announcement came just hours after President Joe Biden banned oil imports from Russia in response to that nation's invasion of Ukraine, a decision that will likely further increase California's record-setting gas prices.
The nonpartisan Legislative Analyst's Office says more action will likely be needed. The agency predicts there is a 90% chance revenues for the current budget year will continue to grow and could exceed expectations by as little as $5 billion or as much as $20 billion. Republicans, however, don't have the numbers in the state Legislature to pass their bill. The top two Democrats in the Legislature — Assembly Speaker Anthony Rendon and Senate President Pro Tempore Toni Atkins — don't support it, and they also don't support pausing the gas tax increase, saying “our focus cannot be a small cut to the gas tax that might not get passed on to consumers.”
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