State Budget
Commentary
W. Va. May Hike Cigarette Tax to Expand Medicaid
West Virginia legislators are considering a bill to fund an expansion of the state Medicaid program through an increase in the cigarette tax. The proposal would hike the tax 118 percent, from 55 cents to $1.20 per pack. The proposal comes on the heels of the recently passed increase in ...
Rikin Shah
May 1, 2009
Commentary
School districts illegally stockpiled millions of dollars
Sonoran Alliance (AZ), May 1, 2009 (STATE CAPITOL, PHOENIX) – As the rest of the state struggles with devastating economic conditions with cuts, layoffs and the associated financial and emotional trauma, schools have been illegally and secretly stockpiling millions of dollars. “I am outraged at members of the education community ...
Pacific Research Institute
May 1, 2009
Business & Economics
Prop. 1A’s passage would open doors to more taxation
In 1987, Gov. George Deukmejian gave California taxpayers a $1.1 billion rebate. Due to the Gann spending limit enacted in 1979, named after Proposition 13 co-author Paul Gann, the state had a budget surplus, making the rebate mandatory. Subsequent ballot measures, however, rendered the limit meaningless. Now we are being ...
MargaretA. Bengs
April 20, 2009
Commentary
Energy freedom is crux of solution to economic woes
Washington. The maxim states that the simplest solution is usually the correct one. And America’s financial crisis is no exception to the rule. Overwhelmed by bailout plans and other convoluted proposals, many of our nation’s leaders are missing the obvious answer to our economic woes: energy freedom. For that reason, ...
Thomas Tanton
April 16, 2009
Business & Economics
California’s ‘Spending Limit’ Is A Sham
The outlook for the California economy is dreadful, driven by a deeply perverse tax and regulatory environment, combined with Governor Arnold Schwarzenegger’s highly successful five-year effort to avoid hard choices. And so the state budget, the utter profligacy of which for years has been papered over with accounting tricks and ...
Benjamin Zycher
April 14, 2009
Environment
Cap and Trade in the Western States
In a review of the claims made by the Western Climate Initiative, the Beacon Hill Institute at Suffolk University in Boston identified several flaws made by the seven-state consortium, calling into question claimed cost savings ranging between $11.4 billion and $23.5 billion. These flaws render WCI’s projections useless in determining ...
Thomas Tanton
March 23, 2009
Climate Change
CA Nightmare: Worsening State’s Fiscal Crisis Through Bad Climate Policy
I have spent my entire 35 year professional life developing and implementing energy policies vital to our state. So it pains me to now see California taking an unfortunate misstep: embracing participation in the Western Climate Initiative. WCI, developed by seven U.S. states (California is joined by Oregon, Washington, Utah, ...
Thomas Tanton
March 5, 2009
California
The Obama Stimulus, Education, and California
Now that President Obama has signed the three-quarter-of-a-trillion-dollar stimulus package, which contains $100 billion for public schools, many observers on the left and the right are concluding that the package won’t change very much in America’s underperforming government education system. The stimulus package contains various pots of money for public ...
Lance T. izumi
February 25, 2009
Commentary
Overhauling health care could boost the economy
There are plenty of reasons to overhaul our creaky health care system, ranging from its status as the most expensive system in the world to its failure to provide for the health of millions of our fellow citizens. But several recent studies suggest that there’s one more reason for reform: ...
Dean Calbreath
January 25, 2009
Commentary
The Unseen Culprits in America’s Financial Crisis
To the long list of villains in America’s unfolding economic crisis … the politicians who encouraged risky lending, the bankers who bundled questionable mortgages into marketable securities, and the ratings agencies that gave inflated grades to sub-par debt … add the thousands of supposedly responsible citizens who served as volunteers ...
Lewis M. Andrews
January 21, 2009
W. Va. May Hike Cigarette Tax to Expand Medicaid
West Virginia legislators are considering a bill to fund an expansion of the state Medicaid program through an increase in the cigarette tax. The proposal would hike the tax 118 percent, from 55 cents to $1.20 per pack. The proposal comes on the heels of the recently passed increase in ...
School districts illegally stockpiled millions of dollars
Sonoran Alliance (AZ), May 1, 2009 (STATE CAPITOL, PHOENIX) – As the rest of the state struggles with devastating economic conditions with cuts, layoffs and the associated financial and emotional trauma, schools have been illegally and secretly stockpiling millions of dollars. “I am outraged at members of the education community ...
Prop. 1A’s passage would open doors to more taxation
In 1987, Gov. George Deukmejian gave California taxpayers a $1.1 billion rebate. Due to the Gann spending limit enacted in 1979, named after Proposition 13 co-author Paul Gann, the state had a budget surplus, making the rebate mandatory. Subsequent ballot measures, however, rendered the limit meaningless. Now we are being ...
Energy freedom is crux of solution to economic woes
Washington. The maxim states that the simplest solution is usually the correct one. And America’s financial crisis is no exception to the rule. Overwhelmed by bailout plans and other convoluted proposals, many of our nation’s leaders are missing the obvious answer to our economic woes: energy freedom. For that reason, ...
California’s ‘Spending Limit’ Is A Sham
The outlook for the California economy is dreadful, driven by a deeply perverse tax and regulatory environment, combined with Governor Arnold Schwarzenegger’s highly successful five-year effort to avoid hard choices. And so the state budget, the utter profligacy of which for years has been papered over with accounting tricks and ...
Cap and Trade in the Western States
In a review of the claims made by the Western Climate Initiative, the Beacon Hill Institute at Suffolk University in Boston identified several flaws made by the seven-state consortium, calling into question claimed cost savings ranging between $11.4 billion and $23.5 billion. These flaws render WCI’s projections useless in determining ...
CA Nightmare: Worsening State’s Fiscal Crisis Through Bad Climate Policy
I have spent my entire 35 year professional life developing and implementing energy policies vital to our state. So it pains me to now see California taking an unfortunate misstep: embracing participation in the Western Climate Initiative. WCI, developed by seven U.S. states (California is joined by Oregon, Washington, Utah, ...
The Obama Stimulus, Education, and California
Now that President Obama has signed the three-quarter-of-a-trillion-dollar stimulus package, which contains $100 billion for public schools, many observers on the left and the right are concluding that the package won’t change very much in America’s underperforming government education system. The stimulus package contains various pots of money for public ...
Overhauling health care could boost the economy
There are plenty of reasons to overhaul our creaky health care system, ranging from its status as the most expensive system in the world to its failure to provide for the health of millions of our fellow citizens. But several recent studies suggest that there’s one more reason for reform: ...
The Unseen Culprits in America’s Financial Crisis
To the long list of villains in America’s unfolding economic crisis … the politicians who encouraged risky lending, the bankers who bundled questionable mortgages into marketable securities, and the ratings agencies that gave inflated grades to sub-par debt … add the thousands of supposedly responsible citizens who served as volunteers ...