$1.9T relief bill will erase over 90% of San Francisco’s $650m dollar budget deficit

According to a report from the San Francisco Chronicle, the $1.9 trillion relief bill will erase nearly all of the city’s $650 million dollar budget deficit.

Per the report, written prior to the House passing of the bill today “If passed, the stimulus package will inject about $600 million into San Francisco’s coffers over the next two years, Rosenfield said. That leaves Mayor London Breed and the Board of Supervisors with a $50 million hole to fill, a fraction of what they were preparing to deal with.”

Jeff Cretan, spokesman for the mayor said “We just don’t have a problem right now.”

GOP House Leader Kevin McCarthy tweeted Tuesday ‘Stop calling it a “COVID relief” bill’ and shared a graphic calling the bill “The Pelosi Payoff.”