California

Business & Economics

Brown Busts the Budget

The California Legislature just passed a budget. Less than 24 hours later, the governor vetoed it, leaving many scratching their heads why Gov. Jerry Brown vetoed a budget from his own party. “For the first time in history, the state budget has been vetoed,” Brown said in a news conference. ...
Business & Economics

New consumer bureau will be a bust – guaranteed

In July, the Consumer Financial Protection Bureau (CFPB) formally begins operations. Republicans oppose President Obama’s top choice, Elizabeth Warren, to head the new bureau, which should not have been created in the first place. The CFPB will drive up prices, but won’t actually protect consumers. Consider first the sheer implausibility ...
Commentary

Will Employer-Sponsored Health Insurance Survive Obamacare?

Reports from consulting firms don’t normally make national news. Then again, most such reports don’t predict the downfall of the American health care system. Earlier this month, the consulting group McKinsey projected that tens of millions of Americans could find themselves without the health coverage they now get through their ...
Business & Economics

Redevelopment Might Really be a Goner

Hours before the Wednesday midnight deadline for passing a state budget, legislative Democrats rammed through a ridiculous, gimmick-laden, majority-vote spending plan that failed to reform anything and failed to impress Gov. Jerry Brown, who wisely vetoed it less than a day later. The budget succeeded mainly in one area:ensuring the ...
Business & Economics

A Case for Affirmative Disclosure of Public Pensions

An appeals court has ruled that a public agency must hand over pension data to a newspaper. This is a welcome development but a recent case confirms that California remains far behind the curve on government transparency. The Sacramento Bee has been conducting investigations into public employee pensions and finds ...
Business & Economics

Higher taxes will not make California a better state

Gov. Jerry Brown’s recent talk to the California State Association of Counties was more meandering and disjointed than usual, but the governor stuck to his talking points: Unless California voters approve tax extensions, they must get used to greatly diminished public services. Without at least the tax extensions, he said, ...
Commentary

Medicaid is easier to fix than entitlement programs

Congress remains gridlocked on many important issues but not every politician is afraid to challenge the unsustainable growth of Medicaid. Consider S. 1031, by Sen. Tom Coburn. This measure would increase local control over Medicaid spending and improve the incentives that have led politicians to trap ever more low-income citizens ...
Business & Economics

Proving the Redevelopment Rule

Doug Tessitor is the mayor of Glendora, a city in Los Angeles County. He’s a self-described conservative and dead certain that preserving California’s redevelopment agencies (RDAs) is essential to his city’s fiscal health. In a pair of recent online columns, Tessitor mounted an impassioned defense of redevelopment in response to ...
Health Care

Why Medicaid Should Be Easier to Fix than Entitlement Programs

Congress remains gridlocked on many important issues but not every politician is afraid to challenge the unsustainable growth of Medicaid. Consider S. 1031, by U.S. Senator Tom Coburn. This measure would increase local control over Medicaid spending and improve the incentives that have led politicians to trap ever more low-income ...
California

How California Prisons Got So Bad

In the Assembly last week, legislators praised ethnic studies departments and had long-winded debates before voting to ban the trading of shark fins in California. But while state government becomes ever-more meddlesome in ever-expanding areas of private life, it’s increasingly clear that the Legislature and the state bureaucracies are incapable ...
Business & Economics

Brown Busts the Budget

The California Legislature just passed a budget. Less than 24 hours later, the governor vetoed it, leaving many scratching their heads why Gov. Jerry Brown vetoed a budget from his own party. “For the first time in history, the state budget has been vetoed,” Brown said in a news conference. ...
Business & Economics

New consumer bureau will be a bust – guaranteed

In July, the Consumer Financial Protection Bureau (CFPB) formally begins operations. Republicans oppose President Obama’s top choice, Elizabeth Warren, to head the new bureau, which should not have been created in the first place. The CFPB will drive up prices, but won’t actually protect consumers. Consider first the sheer implausibility ...
Commentary

Will Employer-Sponsored Health Insurance Survive Obamacare?

Reports from consulting firms don’t normally make national news. Then again, most such reports don’t predict the downfall of the American health care system. Earlier this month, the consulting group McKinsey projected that tens of millions of Americans could find themselves without the health coverage they now get through their ...
Business & Economics

Redevelopment Might Really be a Goner

Hours before the Wednesday midnight deadline for passing a state budget, legislative Democrats rammed through a ridiculous, gimmick-laden, majority-vote spending plan that failed to reform anything and failed to impress Gov. Jerry Brown, who wisely vetoed it less than a day later. The budget succeeded mainly in one area:ensuring the ...
Business & Economics

A Case for Affirmative Disclosure of Public Pensions

An appeals court has ruled that a public agency must hand over pension data to a newspaper. This is a welcome development but a recent case confirms that California remains far behind the curve on government transparency. The Sacramento Bee has been conducting investigations into public employee pensions and finds ...
Business & Economics

Higher taxes will not make California a better state

Gov. Jerry Brown’s recent talk to the California State Association of Counties was more meandering and disjointed than usual, but the governor stuck to his talking points: Unless California voters approve tax extensions, they must get used to greatly diminished public services. Without at least the tax extensions, he said, ...
Commentary

Medicaid is easier to fix than entitlement programs

Congress remains gridlocked on many important issues but not every politician is afraid to challenge the unsustainable growth of Medicaid. Consider S. 1031, by Sen. Tom Coburn. This measure would increase local control over Medicaid spending and improve the incentives that have led politicians to trap ever more low-income citizens ...
Business & Economics

Proving the Redevelopment Rule

Doug Tessitor is the mayor of Glendora, a city in Los Angeles County. He’s a self-described conservative and dead certain that preserving California’s redevelopment agencies (RDAs) is essential to his city’s fiscal health. In a pair of recent online columns, Tessitor mounted an impassioned defense of redevelopment in response to ...
Health Care

Why Medicaid Should Be Easier to Fix than Entitlement Programs

Congress remains gridlocked on many important issues but not every politician is afraid to challenge the unsustainable growth of Medicaid. Consider S. 1031, by U.S. Senator Tom Coburn. This measure would increase local control over Medicaid spending and improve the incentives that have led politicians to trap ever more low-income ...
California

How California Prisons Got So Bad

In the Assembly last week, legislators praised ethnic studies departments and had long-winded debates before voting to ban the trading of shark fins in California. But while state government becomes ever-more meddlesome in ever-expanding areas of private life, it’s increasingly clear that the Legislature and the state bureaucracies are incapable ...
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