Besides the surplus, California Gov. Gavin Newsom touted $26 billion in direct state aid from the federal stimulus plan that Democrats passed in March. | Jeff Chiu/AP Photo

By Jeremy B. White
05/10/2021 08:24 PM EDT

The governor embarked on a road show to trumpet the fruits of an astonishing $75.7 billion state surplus thanks to soaring capital gains during the pandemic.

OAKLAND — Nothing smooths out political turbulence like having money to spend.

California Gov. Gavin Newsom embarked on a cross-state road show Monday to trumpet the fruits of an astonishing $75.7 billion state surplus thanks to soaring capital gains during the pandemic. His first order of business: tell Californians he wants to give them cash and pay some of their utility bills and back rent.

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