COVID-19 - California Business Roundtable President Issues Response to Governor Newsom’s “Workload” Budget
SACRAMENTO—Rob Lapsley, president of the California Business Roundtable, issued the following statement today in response to the governor calling for a “workload” budget that recognizes the uncertainty of current and future revenue: “Today, Governor Gavin Newsom announced that the FY 20-21 budget will essentially ‘shelter in place.’ We strongly support the governor’s proactive approach to managing both the current budget and the FY 20-21 budget while we wait to see the true economic fallout of this crisis. Fiscal restraint now will help alleviate increased revenue demands in the future and will be a critically important decision in the recovery of our economy.”
ABOUT CBRT
The California Business Roundtable is a non-partisan organization comprised of the senior executive leadership of the major employers throughout the state – with a combined workforce of more than half a million employees. For more than 40 years the Roundtable has identified the issues critical to a healthy business climate and provided the leadership needed to strengthen California’s economy and create jobs.