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California faces Monday deadline on budget

State law requires lawmakers to pass a budget by midnight on Monday or they lose their pay. Newsom has also requested $2.9 billion to address the pandemic this fall.

Credit: AP

In this Friday, June 12, 2020, photo, Democratic state Sens. Mike McGuire, of Healdsburg, left, Jim Beal, of San Jose, center, and Nancy Skinner, of Oakland, members of the Senate Budget and Fiscal Review Committee, huddle after a hearing on the state budget, in Sacramento, Calif. Lawmakers will meet Monday, June 15 to pass their version of the state budget. But the budget will likely change as negotiations continue with Gov. Gavin Newsom on how to cover a $54.3 billion deficit. (AP Photo/Rich Pedroncelli)

SACRAMENTO, Calif. — California lawmakers are preparing to pass a budget while still negotiating with Gov. Gavin Newsom.

State law requires the legislature to pass a budget by midnight on Monday or they lose their pay. But legislative leaders have yet to reach an agreement with Newsom on how to close a deficit he's pegged at $54.3 billion because of the coronavirus-induced economic downturn.

The two sides disagree on how much money to send to local governments and public school districts.

Newsom has also requested $2.9 billion to address the pandemic this fall and control over more than $9 billion from Congress for coronavirus relief.

Read more HERE.

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