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Gov. Gavin Newsom during a Feb. 12 news conference in San Francisco. Photo: Gabrielle Lurie/Pool/The San Francisco Chronicle via Getty Images

California Gov. Gavin Newsom (D) has pledged to sign into law Tuesday a measure to provide some 5.7 million people with at least $600 in one-off payments as part of a state COVID-19 relief package.

Driving the news: State lawmakers on Monday overwhelmingly voted for the bill, designed to help people on lower incomes through the pandemic.

  • The $7.6 billion economic recovery package passed by the state Legislature also includes $2.1 billion in grants for small businesses.
  • The package also provides relief to businesses in need of help, like restaurants and hair salons, and food and diaper banks. There's also relief for community college students and the child care sector.

Go deeper

Feb 24, 2021 - Economy & Business

More parents leave jobs to care for children

Illustration: Sarah Grillo/Axios

As the pandemic drags on, child care is not getting any easier for working parents, and more and more are hitting their limits and leaving their jobs, per a new report from the think tank Third Way, provided exclusively to Axios.

The big picture: Lack of child care is now the third-most cited reason for not working, behind layoffs and furloughs. At the very beginning of the pandemic, it was No. 5.

150 top executives write Congress backing Biden's $1.9 trillion relief plan

President Biden speaks to the media on Feb. 23. Photo: Saul Loeb/AFP via Getty Images

150 top executives from companies like Goldman Sachs, Google, IBM, Blackstone and United Airlines sent a letter to Congress endorsing President Biden's $1.9 trillion coronavirus relief plan.

Why it matters: Republicans in Congress have argued that the plan, which has enjoyed bipartisan support in polls, could lead to faster inflation, expand the federal deficit, and discourage Americans from looking for work by providing enhanced unemployment benefits.

3 mins ago - Health

CDC panel recommends Pfizer boosters for high-risk individuals, people 65 and up

Photo: Marco Bello/Anadolu Agency via Getty Images

A key panel at the Centers for Disease Control and Prevention on Thursday recommended the Pfizer-BioNTech coronavirus booster shots for people 65 years old and older, as well as those at high risk of severe COVID-19.

Why it matters: The approval is the near-final step in making the booster shots available to tens of millions of Americans, and comes a day after the FDA approved Pfizer boosters for the two groups. CDC director Rochelle Walensky is expected to accept the recommendation.