State Budget
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 ...
Commentary
Mass. mess: ObamaCare’s ugly future
Massachusetts’ struggle to make “universal health insurance” work continues to be an excellent peek at what the entire nation faces when ObamaCare kicks in — and the picture remains ugly. Gov. Deval Patrick has just reached a truce with three of the four top insurers in the state, compromising on ...
Business & Economics
Democrats picking on oil companies
SACRAMENTO – Legislators are more than six weeks past the constitutional deadline for passing a state budget, yet the state’s majority Democrats last week weren’t even holding budget hearings. Why bother? The state is $19 billion in the red, but the two sides aren’t even close to coming to terms. ...
Commentary
Government Greed, Not Human Need, Drives the Growth of Medicaid
Key Points For four and a half decades, Medicaid has experienced significantly faster cost increases than Medicare or private health spending. Since February 2009, the federal government has leveraged states’ Medicaid spending to unprecedented levels. The “stimulus” bill, ObamaCare, and the recently passed bailout for states have further reduced incentives ...
Business & Economics
Is it “bigotry” to shrink state government?
Vol. 16 No. 28 July 21, 2010 Is it “bigotry” to shrink state government? By K. Lloyd Billingsley, editorial director SACRAMENTO—Those who believe California state government is too large, and that we ought to make it smaller, are guilty of “conventional bigotry aimed at state employees.” So writes state employee ...
Business & Economics
Can GOP quit weed whacking?
Sacramento – If the California Republican Party were serious about its oft-stated calls for limiting government, then it should be championing an initiative on the November ballot that would reduce government interference in our lives, increase the efficiency of law-enforcement, protect property rights and help fill the gaping hole in ...
Business & Economics
Seriously folks, these folks aren’t
Sacramento – The Australian radio announcer interviewing me last week about the dreadful state of California’s budget and economy wanted to know what she would find if she landed at LAX and drove around the state. It’s not like “Blade Runner,” director Ridley Scott’s 1982 film depicting a dystopian future ...
Business & Economics
Grab that redevelopment cash
SACRAMENTO Few things are more ironic, and infuriatingly funny, than listening to California’s notoriously ham-fisted redevelopment agencies complain about the state’s “theft” of redevelopment funds. Last week, California cities had to comply with a Sacramento Superior Court judge’s ruling requiring them to make the first of two payments transferring a ...
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 ...
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 ...
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 ...
Mass. mess: ObamaCare’s ugly future
Massachusetts’ struggle to make “universal health insurance” work continues to be an excellent peek at what the entire nation faces when ObamaCare kicks in — and the picture remains ugly. Gov. Deval Patrick has just reached a truce with three of the four top insurers in the state, compromising on ...
Democrats picking on oil companies
SACRAMENTO – Legislators are more than six weeks past the constitutional deadline for passing a state budget, yet the state’s majority Democrats last week weren’t even holding budget hearings. Why bother? The state is $19 billion in the red, but the two sides aren’t even close to coming to terms. ...
Government Greed, Not Human Need, Drives the Growth of Medicaid
Key Points For four and a half decades, Medicaid has experienced significantly faster cost increases than Medicare or private health spending. Since February 2009, the federal government has leveraged states’ Medicaid spending to unprecedented levels. The “stimulus” bill, ObamaCare, and the recently passed bailout for states have further reduced incentives ...
Is it “bigotry” to shrink state government?
Vol. 16 No. 28 July 21, 2010 Is it “bigotry” to shrink state government? By K. Lloyd Billingsley, editorial director SACRAMENTO—Those who believe California state government is too large, and that we ought to make it smaller, are guilty of “conventional bigotry aimed at state employees.” So writes state employee ...
Can GOP quit weed whacking?
Sacramento – If the California Republican Party were serious about its oft-stated calls for limiting government, then it should be championing an initiative on the November ballot that would reduce government interference in our lives, increase the efficiency of law-enforcement, protect property rights and help fill the gaping hole in ...
Seriously folks, these folks aren’t
Sacramento – The Australian radio announcer interviewing me last week about the dreadful state of California’s budget and economy wanted to know what she would find if she landed at LAX and drove around the state. It’s not like “Blade Runner,” director Ridley Scott’s 1982 film depicting a dystopian future ...
Grab that redevelopment cash
SACRAMENTO Few things are more ironic, and infuriatingly funny, than listening to California’s notoriously ham-fisted redevelopment agencies complain about the state’s “theft” of redevelopment funds. Last week, California cities had to comply with a Sacramento Superior Court judge’s ruling requiring them to make the first of two payments transferring a ...
