By Reid Wilson, story dated May 10, 2021, includes “California’s budget is in the black — by a staggering amount. A state that expected perhaps the most severe budget crunch in American history instead has a more than $75 billion budget surplus, Gov. Gavin Newsom (D) said Monday, after a booming stock market and better-than-anticipated tax revenues over the pandemic-plagued year. … Newsom said in an address Monday that he would propose using much of the money to fund what he said would be the biggest economic recovery package in state history.”