• The Financial District

CALIFORNIA CAN'T AFFORD STIMULUS PLAN

Gov. Gavin Newsom held a news briefing Monday with the latest on the state's response to the coronavirus pandemic.

Newsom began his briefing by talking about President Donald Trump over the weekend signing executive orders deferring payroll taxes for some Americans and extending unemployment benefits after negotiations on a new coronavirus rescue package collapsed.


The White House proposal would cost California at least $700 million a week, which is money the state doesn't have, Newsom said, according to a report from KCRA 3 News.


"There is no money sitting in the piggy bank," Newsom said.


This content is imported from YouTube. You may be able to find the same content in another format, or you may be able to find more information, at their web site.


The briefing comes a day after California's top public health official resigned unexpectedly and without reason. Dr. Sonia Angell resigned less than a week after state officials revealed a problem with the state's computer system, causing an undercounting of COVID-19 cases. Newsom would not say Monday if her resignation was linked to the data discrepancies.


California Health and Human Services Secretary Dr. Mark Ghaly said Monday that the state was able to process an estimated 295,000 backlogged records over the weekend. He said California has added system capacity to better handle the record volume and is looking at long-term improvements.


Newsom said that despite the backlogs, California's COVID-19 trend lines are still improving.

Here's some of the new data Newsom highlighted:

  • Aug. 9: 7,751 new cases (not related to backlog)

  • Nearly 9 million tests have been conducted

  • 19% decrease in COVID-19 hospitalizations over past 14 days

  • 13% decrease in ICU patients over past 14 days


Register for Newsletter

  • LinkedIn
  • Instagram
  • YouTube

WHERE BUSINESS CLICKS

@2020 by The Financial District