Newsom’s proposed budget includes $4.5B to bolster jobs, green energy

Gov. Gavin Newsom unveiled his proposed budget Friday for the 2021-22 fiscal year, with an estimated $4.5 billion earmarked to help the state’s economy recover once the COVID-19 pandemic fades.

Newsom said this week that he will propose allocating $575 million for grants of up to $25,000 for the state’s small businesses that have been negatively affected by the pandemic.