Newsom Floats $100 Billion Recovery Plan in Pre-Recall Budget

California Governor Gavin Newsom, battling an effort to oust him in a recall election, proposed a 19% increase in spending for the next fiscal year as he seeks to plow an unprecedented tax windfall back into the economy.

His $196.8 billion budget includes $600 checks to low- and middle-income residents, money to help renters in some of the country’s most expensive housing markets and funds to tackle a surge in homelessness in Los Angeles and San Francisco, where the proliferation of sprawling camps have become a top issue for voters. With federal stimulus dollars added to the windfall, schools, ...