Revised Newsom Budget Reflects Commitment to Tech Amid Pandemic
The long-awaited May Revision of Gov. Gavin Newsom's proposed 2020-2021 Fiscal Year state budget reflects a significant contraction due to the novel coronavirus (COVID-19) pandemic, but also the administration's commitment to technology and innovation.
In the four months since Gov. Gavin Newsom released his proposed 2020-2021 Fiscal Year budget, California’s then-rosy economic outlook has changed completely and dramatically, the state’s chief executive said Thursday in delivering the long-discussed May Revision of that document.
Due, of course, to the ongoing novel coronavirus (COVID-19) pandemic, it’s...