NEWS: California Task Force, Including Disney’s Bob Iger, Asking Congress for $1 Trillion in Relief for Local Governments Across the US

Last month, it was announced that the state of California had created their own task force, created with the the purpose of helping businesses begin to recover from the global health crisis.

Bob Iger ©Disney

One of the members of the task force is the former CEO and current Executive Chairman of The Walt Disney Company, Bob Iger. Today, it was reported that the California Task Force had made a request to Congress to approve an addition $1 trillion to help with budget cuts being faced by both state and local governments across the United States.

According to CNBC, in the letter to Congress, members of the task force wrote, “the worst of the economic impact [is] likely still to come.”

Bob Iger and Bob Chapek ©Disney

The letter continued with, “Reopening our economies is a welcome step forward, but the success of our efforts ultimately relies on building greater confidence among consumers that it is safe to shop and greater certainty for workers that the services they rely on to do their jobs will remain in place. Without that, we will be a re-opened economy in name only.”

The letter was signed by members of the Governor’s Task Force on Business and Jobs Recovery, which includes Walt Disney Executive Chairman Bob Iger.

We will continue to keep you updated with any further developments on the reopening of California.

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