California

Commentary

The CBO Just Rendered Its Verdict On The Cost Of Obamacare, And It Isn’t Pretty

The Congressional Budget Office (CBO) just rendered its latest opinion on the cost of Obamacare following the Supreme Court’s decision to uphold most of the law back in June. The numbers aren’t pretty. Despite breathless media reports of additional “savings,” the government’s bean counters actually exposed several flaws in the ...
Business & Economics

Brown should go back to idea of a flat tax to help economy

Gov. Jerry Brown just signed bills finalizing California’s budget and closing the Golden State’s $16 billion budget deficit. But the governor’s budget is contingent on voters approving a proposed $8.5 billion tax hike at the ballot box this November. If they don’t, some $6 billion in spending cuts will go ...
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 ...
Commentary

The CBO Just Rendered Its Verdict On The Cost Of Obamacare, And It Isn’t Pretty

The Congressional Budget Office (CBO) just rendered its latest opinion on the cost of Obamacare following the Supreme Court’s decision to uphold most of the law back in June. The numbers aren’t pretty. Despite breathless media reports of additional “savings,” the government’s bean counters actually exposed several flaws in the ...
Business & Economics

Brown should go back to idea of a flat tax to help economy

Gov. Jerry Brown just signed bills finalizing California’s budget and closing the Golden State’s $16 billion budget deficit. But the governor’s budget is contingent on voters approving a proposed $8.5 billion tax hike at the ballot box this November. If they don’t, some $6 billion in spending cuts will go ...
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 ...
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