- California went from a surplus to a deficit in a matter of weeks due to the coronavirus shutdown.
- The projections cover the period up to end of June 2021.
- The state projects unemployment will reach 18% in 2020, more than the 12.3% seen in 2010 during the Great Recession.
- Newsom told reporters, “This is bigger than all of us and we really need the federal government to do more.”