FILE - In this Jan. 10, 2020, file photo, California Gov. Gavin Newsom gestures toward a chart showing the growth of the state's rainy day fund as he discusses his proposed 2020-2021 state budget during a news conference in Sacramento, Calif. Newsom will reveal his plan Thursday, May 14, for how to plug a $54.3 billion hole in the state budget. California's revenues have plummeted since the state has been under a mandatory stay-at-home order to stop the spread of the coronavirus. (AP Photo/Rich Pedroncelli, File)
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