State Budget
Business & Economics
Governor should ground tax proposal
Gov. Jerry Brown wants to increase sales and income taxes in a quest to “find another $10 billion” in revenue. He will have to craft a plan soon to get it on the 2012 ballot. To help California’s struggling economy, any tax proposals should be rooted in sound economics, which ...
California
Villaraigosa’s Whistle Stop
Offering up what appeared to be a campaign speech, Los Angeles Mayor Antonio Villaraigosa addressed the Sacramento Press Club today, repeatedly blasting the Tea Party and Republicans, and even went after Californias Proposition 13 with a vengeance. What was interesting is that Villaraigosa spent an inordinate amount of time talking ...
Business & Economics
Making public pay for budget cuts
Sacramento – Last year, one of my reporters and her adult son were walking in downtown Sacramento when a couple of young toughs tried grabbing her purse. She pulled back her purse, and the robbers lunged at the two of them, leaving the son’s face covered in blood. Despite a ...
Commentary
Follow the State’s Lead to Better Medicaid
By any objective measure, Medicaid is a failure. It provides substandard care at an ever increasing cost to taxpayers. When a Republican Congress and a Democrat president worked together to end another failing program welfare as we knew it we achieved something rare in public policy: success. We ...
Commentary
Medicaid Mess-up
Last week, government officials discovered that up to 3 million middle-class Americans with annual incomes as high as $64,000 could qualify for Medicaid, the government health insurance program for the poor, thanks to Obamacare. Medicares chief actuary, Richard Foster, summed the situation up nicely: [T]hat just doesnt make ...
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
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 ...
Commentary
Unions say, ‘Shut up and pay us’
Yet another report confirms the enormous liabilities that California taxpayers must endure to pay for pensions for public employees. The study, released May 5 at a Pension Boot Camp for elected officials held near Sacramento by the reform group Californians for Fiscal Responsibility, echoed the points made by the watchdog ...
Commentary
New Health Care Law Cripples State Budgets
America’s fiscal crisis is about to explode. In 2010 state budget deficits reached an all-time high of $191 billion. Former New York Lt. Gov. Richard Ravitch has predicted that state deficits could reach a staggering $500 billion this year when the stimulus funds propping up state budgets run out in ...
Business & Economics
Budget battle a bad movie we’ve seen before
Have you ever watched one of those predictable, boring movies where you wish you could just skip the obligatory chase and romance scenes and get to the “I see it coming” ending already? That’s what I feel like as I watch the unfolding drama – and I use the term ...
Governor should ground tax proposal
Gov. Jerry Brown wants to increase sales and income taxes in a quest to “find another $10 billion” in revenue. He will have to craft a plan soon to get it on the 2012 ballot. To help California’s struggling economy, any tax proposals should be rooted in sound economics, which ...
Villaraigosa’s Whistle Stop
Offering up what appeared to be a campaign speech, Los Angeles Mayor Antonio Villaraigosa addressed the Sacramento Press Club today, repeatedly blasting the Tea Party and Republicans, and even went after Californias Proposition 13 with a vengeance. What was interesting is that Villaraigosa spent an inordinate amount of time talking ...
Making public pay for budget cuts
Sacramento – Last year, one of my reporters and her adult son were walking in downtown Sacramento when a couple of young toughs tried grabbing her purse. She pulled back her purse, and the robbers lunged at the two of them, leaving the son’s face covered in blood. Despite a ...
Follow the State’s Lead to Better Medicaid
By any objective measure, Medicaid is a failure. It provides substandard care at an ever increasing cost to taxpayers. When a Republican Congress and a Democrat president worked together to end another failing program welfare as we knew it we achieved something rare in public policy: success. We ...
Medicaid Mess-up
Last week, government officials discovered that up to 3 million middle-class Americans with annual incomes as high as $64,000 could qualify for Medicaid, the government health insurance program for the poor, thanks to Obamacare. Medicares chief actuary, Richard Foster, summed the situation up nicely: [T]hat just doesnt make ...
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. ...
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 ...
Unions say, ‘Shut up and pay us’
Yet another report confirms the enormous liabilities that California taxpayers must endure to pay for pensions for public employees. The study, released May 5 at a Pension Boot Camp for elected officials held near Sacramento by the reform group Californians for Fiscal Responsibility, echoed the points made by the watchdog ...
New Health Care Law Cripples State Budgets
America’s fiscal crisis is about to explode. In 2010 state budget deficits reached an all-time high of $191 billion. Former New York Lt. Gov. Richard Ravitch has predicted that state deficits could reach a staggering $500 billion this year when the stimulus funds propping up state budgets run out in ...
Budget battle a bad movie we’ve seen before
Have you ever watched one of those predictable, boring movies where you wish you could just skip the obligatory chase and romance scenes and get to the “I see it coming” ending already? That’s what I feel like as I watch the unfolding drama – and I use the term ...
