State Budget

Business & Economics

Voting against jobs in California

Buried under the political headlines in California, which largely focus on Jerry Brown’s gubernatorial victory, Barbara Boxer’s winning a fourth Senate term and the Republican takeover of the House of Representatives, lie two ballot decisions that will have serious long-lasting consequences for the California economy. The first is the rejection ...
Business & Economics

Scariest things on the ballot

While the rest of the nation is about to enjoy a much-needed corrective to President Barack Obama’s big-government fright fest, Californians can expect election results that range from disappointing to depressing. Perhaps it’s fitting that pre-election hysteria peaks right at Halloween. There are scary candidates on the ballot. We’ve got ...
Business & Economics

State overspends, and gets less for more

Last week the Democratic leader of the state Senate said the state should provide child care for people no longer on welfare, among $470 million worth of other social services. Consequently, Sen. Darrell Steinberg said, in January he will attempt to reverse Gov. Arnold Schwarzenegger’s line-item budget vetoes eliminating those ...
Business & Economics

Conservative think tank says California spending too much

When Gov. Arnold Schwarzenegger pared nearly a billion dollars from the state budget, Democratic politicians and liberal groups cried foul and said they’d attempt to undo the cuts in health and social services when the Legislature returns to Sacramento in December. Whether the cuts will be restored, however, depends largely ...
Business & Economics

Brown tips his hand on taxes

SACRAMENTO At Jerry Brown’s briefing Wednesday to discuss the dismal condition of the state budget, now plagued by a $25 billion deficit, the incoming governor said, “Everything should be on the table, and everyone should be at the table to talk about it.” Whenever a California Democrat tells you that ...
Business & Economics

More pension horrors, no fixes

SACRAMENTO It has become almost impossible to exaggerate the depth of the state’s pension scandals, as more details emerge not only about the city of Bell, but about common abuses in other burgs. A new report produced by the California Foundation for Fiscal Responsibility, and championed by San Diego Councilman ...
Agriculture

State’s silly laws, sillier candidates

SACRAMENTO – Every legislator could have skipped out of the country for the entire legislative session, and it would not have mattered one iota to anyone outside of their staff members. That’s not cynicism, so much as a fair and balanced assessment of the last legislative session. I’m reminded of ...
Business & Economics

Progressives for Pension Reform?

With California facing a structural $19 billion budget hole, Governor Arnold Schwarzenegger has argued that the state will need to tap its general fund for billions to prop up faltering public-employee pension funds. With California facing a structural $19 billion budget hole, Governor Arnold Schwarzenegger has argued that the state ...
Business & Economics

State budget mess a comedy, or tragedy?

SACRAMENTO – As entertainment goes, the final regular-season episode of the Budget Show in the Capitol was shoddy. The actors – the Assembly members and senators – are B-rate. The speeches, despite their strained attempts to sound Kennedy-esque, were pretentious. Those of us in the audience sometimes rolled our eyes ...
Business & Economics

Prop. 22 protects corporate welfare

SACRAMENTO – It’s always entertaining watching various tax consumers fight with one another over a shrinking revenue pie, which makes the Proposition 22 campaign a spectacle. Despite the chatter from supporters about “saving local services” and stopping Sacramento from “raiding” local treasuries, this November initiative simply pits different government groups ...
Business & Economics

Voting against jobs in California

Buried under the political headlines in California, which largely focus on Jerry Brown’s gubernatorial victory, Barbara Boxer’s winning a fourth Senate term and the Republican takeover of the House of Representatives, lie two ballot decisions that will have serious long-lasting consequences for the California economy. The first is the rejection ...
Business & Economics

Scariest things on the ballot

While the rest of the nation is about to enjoy a much-needed corrective to President Barack Obama’s big-government fright fest, Californians can expect election results that range from disappointing to depressing. Perhaps it’s fitting that pre-election hysteria peaks right at Halloween. There are scary candidates on the ballot. We’ve got ...
Business & Economics

State overspends, and gets less for more

Last week the Democratic leader of the state Senate said the state should provide child care for people no longer on welfare, among $470 million worth of other social services. Consequently, Sen. Darrell Steinberg said, in January he will attempt to reverse Gov. Arnold Schwarzenegger’s line-item budget vetoes eliminating those ...
Business & Economics

Conservative think tank says California spending too much

When Gov. Arnold Schwarzenegger pared nearly a billion dollars from the state budget, Democratic politicians and liberal groups cried foul and said they’d attempt to undo the cuts in health and social services when the Legislature returns to Sacramento in December. Whether the cuts will be restored, however, depends largely ...
Business & Economics

Brown tips his hand on taxes

SACRAMENTO At Jerry Brown’s briefing Wednesday to discuss the dismal condition of the state budget, now plagued by a $25 billion deficit, the incoming governor said, “Everything should be on the table, and everyone should be at the table to talk about it.” Whenever a California Democrat tells you that ...
Business & Economics

More pension horrors, no fixes

SACRAMENTO It has become almost impossible to exaggerate the depth of the state’s pension scandals, as more details emerge not only about the city of Bell, but about common abuses in other burgs. A new report produced by the California Foundation for Fiscal Responsibility, and championed by San Diego Councilman ...
Agriculture

State’s silly laws, sillier candidates

SACRAMENTO – Every legislator could have skipped out of the country for the entire legislative session, and it would not have mattered one iota to anyone outside of their staff members. That’s not cynicism, so much as a fair and balanced assessment of the last legislative session. I’m reminded of ...
Business & Economics

Progressives for Pension Reform?

With California facing a structural $19 billion budget hole, Governor Arnold Schwarzenegger has argued that the state will need to tap its general fund for billions to prop up faltering public-employee pension funds. With California facing a structural $19 billion budget hole, Governor Arnold Schwarzenegger has argued that the state ...
Business & Economics

State budget mess a comedy, or tragedy?

SACRAMENTO – As entertainment goes, the final regular-season episode of the Budget Show in the Capitol was shoddy. The actors – the Assembly members and senators – are B-rate. The speeches, despite their strained attempts to sound Kennedy-esque, were pretentious. Those of us in the audience sometimes rolled our eyes ...
Business & Economics

Prop. 22 protects corporate welfare

SACRAMENTO – It’s always entertaining watching various tax consumers fight with one another over a shrinking revenue pie, which makes the Proposition 22 campaign a spectacle. Despite the chatter from supporters about “saving local services” and stopping Sacramento from “raiding” local treasuries, this November initiative simply pits different government groups ...
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