California

Business & Economics

Arthur B. Laffer: Right to work, wrong to tax in California

Gov. Jerry Brown just enacted a $91.3 billion budget measure to close California’s $16 billion deficit. After pleading with legislators to approve billions of dollars in spending cuts, he’s asking voters to approve major tax increases in November. If they don’t, some $6 billion in cuts would take effect in ...
California

Win some, lose some on bill signing

We take selective note of bills signed or vetoed the past week by Gov. Jerry Brown. Commendably, the governor vetoed Senate Bill 1235, by Senate President Pro Tem Darrell Steinberg, D-Sacramento. It would have required the state superintendent of public instruction and the Department of Education to “provide training and ...
California

Skin in the Game: Governor Brown is Right and Secretary Sebelius Is Wrong About Medicaid Co-Pays

Key Points: Governor Jerry Brown and California legislators have attempted to get Medi-Cal’s budget under control by charging reasonable co-pays for medical and hospital services, especially emergency rooms. Secretary Sebelius has just quashed the state’s co-pay reform, relying on dubious legal interpretation. This federal overreach cost California taxpayers half a ...
Health Care

Block Grants to States Give Medicaid New Hope

The House of Representatives is now considering a piece of legislation that would fundamentally improve Medicaid — the health insurance program for low-income Americans jointly funded by the federal government and the states — and help this country avoid fiscal apocalypse. Medicaid is on the front-burner in Washington, as the ...
California

New Book by Art Laffer on How to Fix California

Dr. Laffer Proposes a 5.8% Flat Tax for All Californians San Francisco – The Pacific Research Institute, a free-market think tank headquartered in San Francisco with offices in Sacramento, today released a new book by economist Art Laffer on how to turn around California’s ailing economy. In Eureka! How to ...
California

California Recovery Project

In early February, we had the privilege of hosting Dr. Art Laffer at PRI’s Ronald Reagan Centennial Tribute in Orange County. At this event, we were pleased to announce that Dr. Laffer had agreed to work with us on a new California Recovery Project, an initiative that will take direct ...
Business & Economics

Bankruptcy may be only way out for cities, states

The problem in the public sector is that government never is allowed to fail. There never is a day of reckoning no matter how poorly government provides its so-called services I recently documented how the state’s pro-union attorney general, Kamala Harris, crafted an unfair and dishonest title and summary for ...
Business & Economics

Bond Holders Seek Governmental Transparency

Once upon a time buying a municipal bond was considered a safe bet. A decent rate of return with little risk ­– just the thing for junior’s college fund and grandma’s retirement account. But that was before Standard & Poor’s downgraded the U.S. government’s credit-worthiness, sending shock waves through the ...
California

California hospitals’ unhealthy dependence on government

While many Americans are eager for the U.S. Supreme Court this year to decide the constitutionality of President Barack Obama’s health care overhaul, a federal judge in Los Angeles has just made a misguided decision that cuts right to the root of the government’s role in controlling people’s access to ...
Business & Economics

Obama Defends Bailouts, Handouts and Cop-Outs

State of the Union addresses provide insight into the vision of America embraced by the president, and in that regard Tuesday’s address by President Barack Obama didn’t disappoint. He envisions a country where the federal government protects and creates union jobs and where the public sector is leading the charge ...
Business & Economics

Arthur B. Laffer: Right to work, wrong to tax in California

Gov. Jerry Brown just enacted a $91.3 billion budget measure to close California’s $16 billion deficit. After pleading with legislators to approve billions of dollars in spending cuts, he’s asking voters to approve major tax increases in November. If they don’t, some $6 billion in cuts would take effect in ...
California

Win some, lose some on bill signing

We take selective note of bills signed or vetoed the past week by Gov. Jerry Brown. Commendably, the governor vetoed Senate Bill 1235, by Senate President Pro Tem Darrell Steinberg, D-Sacramento. It would have required the state superintendent of public instruction and the Department of Education to “provide training and ...
California

Skin in the Game: Governor Brown is Right and Secretary Sebelius Is Wrong About Medicaid Co-Pays

Key Points: Governor Jerry Brown and California legislators have attempted to get Medi-Cal’s budget under control by charging reasonable co-pays for medical and hospital services, especially emergency rooms. Secretary Sebelius has just quashed the state’s co-pay reform, relying on dubious legal interpretation. This federal overreach cost California taxpayers half a ...
Health Care

Block Grants to States Give Medicaid New Hope

The House of Representatives is now considering a piece of legislation that would fundamentally improve Medicaid — the health insurance program for low-income Americans jointly funded by the federal government and the states — and help this country avoid fiscal apocalypse. Medicaid is on the front-burner in Washington, as the ...
California

New Book by Art Laffer on How to Fix California

Dr. Laffer Proposes a 5.8% Flat Tax for All Californians San Francisco – The Pacific Research Institute, a free-market think tank headquartered in San Francisco with offices in Sacramento, today released a new book by economist Art Laffer on how to turn around California’s ailing economy. In Eureka! How to ...
California

California Recovery Project

In early February, we had the privilege of hosting Dr. Art Laffer at PRI’s Ronald Reagan Centennial Tribute in Orange County. At this event, we were pleased to announce that Dr. Laffer had agreed to work with us on a new California Recovery Project, an initiative that will take direct ...
Business & Economics

Bankruptcy may be only way out for cities, states

The problem in the public sector is that government never is allowed to fail. There never is a day of reckoning no matter how poorly government provides its so-called services I recently documented how the state’s pro-union attorney general, Kamala Harris, crafted an unfair and dishonest title and summary for ...
Business & Economics

Bond Holders Seek Governmental Transparency

Once upon a time buying a municipal bond was considered a safe bet. A decent rate of return with little risk ­– just the thing for junior’s college fund and grandma’s retirement account. But that was before Standard & Poor’s downgraded the U.S. government’s credit-worthiness, sending shock waves through the ...
California

California hospitals’ unhealthy dependence on government

While many Americans are eager for the U.S. Supreme Court this year to decide the constitutionality of President Barack Obama’s health care overhaul, a federal judge in Los Angeles has just made a misguided decision that cuts right to the root of the government’s role in controlling people’s access to ...
Business & Economics

Obama Defends Bailouts, Handouts and Cop-Outs

State of the Union addresses provide insight into the vision of America embraced by the president, and in that regard Tuesday’s address by President Barack Obama didn’t disappoint. He envisions a country where the federal government protects and creates union jobs and where the public sector is leading the charge ...
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