Spending Watch

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Spending Watch

A More Effective Safety Net, Not A Basic Income, Will Help Lift People Out of Poverty

A More Effective Safety Net, Not A Basic Income, Will Help Lift People Out of Poverty Wayne Winegarden and Nikhil Agarwal December 2024 2024 was a good year for proponents of a universal basic income (UBI). Following the 2019 experiment in Stockton, UBI pilot programs are underway across cities in ...
Blog

Spending Watch

While National Economic Performance Has Supported State Revenue Growth, Greater Spending Restraint Is Still Required

While National Economic Performance Has Supported State Revenue Growth, Greater Spending Restraint Is Still Required Wayne Winegarden and Nikhil Agarwal November 2024 Three months into the 2024-25 fiscal year, state revenues are outperforming lowered expectations. Should these trends continue, the FY2025-26 budget process may avoid the crushing deficit problem that ...
Blog

Spending Watch

The Governor’s Special Session Will Worsen Gasoline Affordability

The Governor’s Special Session Will Worsen Gasoline Affordability Wayne Winegarden and Kerry Jackson September 2024 The special session called by Governor Gavin Newsom is supposed to save Californians from price gasoline spikes. The governor wants to blame the price spikes on greedy corporations. His accusations are merely a diversion from ...
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Spending Watch

California’s Expensive but Ineffective Income Support Spending

California’s Expensive but Ineffective Income Support Spending Wayne Winegarden August 2024 Including federal, state, and local funds, California’s per capita spending on income support programs is 81 percent higher than the average expenditures for all other states – per capita spending of $3,869 compared to $2,141. These expenditures include “cash ...
Blog

Spending Watch

Californians Have Little to Show for All That Government Spending

Californians Have Little to Show for All That Government Spending Wayne Winegarden     July 2024 It should not shock anyone that the FY2024-25 budget was short on fiscal discipline and long on budget gimmicks and fund shifts. Now that this year’s budget process is coming to an end, it is ...
Blog

Spending Watch: More Debt Is More Taxes

As a recent Public Policy Institute of California (PPIC) poll confirms, this approach is out of step with “most Californians (56%) [who] would prefer to pay lower taxes and have a state government that provides fewer services”. With respect to solving the current budget crisis, the poll found that “fewer ...
Blog

Spending Watch

May Revise Preview: Sacramento Should Learn Lessons from the 2009 Budget Crisis

May Revise Preview: Sacramento Should Learn Lessons Wayne Winegarden     May 2024 Governor Newsom is finalizing the May Revision for his 2024-25 budget plan this week. As he does, the parallels between California’s 2009 budget crisis and today’s budget difficulties are too compelling to ignore. Sacramento policymakers should heed the ...
Blog

Spending Watch

Consumers, Not ‘Polluters’, Would Be Hard Hit by New Climate Tax Legislation

Consumers, Not ‘Polluters’, Would Be Hard Hit by New Climate Tax Legislation Wayne Winegarden     May 2024 SB-1497, the Polluters Pay Climate Cost Recovery Act of 2024, purports to “require fossil fuel polluters to pay their fair share of the damage caused by the sale of their products…to relieve a ...
California

Wayne Winegarden on PRI’s New Spending Watch Project

This week, we’re pleased to a special presentation by PRI’s Dr. Wayne Winegarden on our new Spending Watch initiative, which calculates the impact of major state legislation on outmigration, unemployment, taxes, and the economy.  In his presentation from PRI’s recent Sacrament policy conference, he discusses the first Spending Watch analysis ...
Blog

Spending Watch

Expanding Unemployment Insurance Benefits – All Pain for No Gain

Expanding Unemployment Insurance Benefits – All Pain for No Gain Wayne Winegarden April 2024 SB 1434 would dramatically expand unemployment insurance benefits to current eligible workers. If implemented, it would expand benefits by over 55 percent, raise the number of workers who qualify for maximum benefits, increase the benefits for ...
Blog

Spending Watch

A More Effective Safety Net, Not A Basic Income, Will Help Lift People Out of Poverty

A More Effective Safety Net, Not A Basic Income, Will Help Lift People Out of Poverty Wayne Winegarden and Nikhil Agarwal December 2024 2024 was a good year for proponents of a universal basic income (UBI). Following the 2019 experiment in Stockton, UBI pilot programs are underway across cities in ...
Blog

Spending Watch

While National Economic Performance Has Supported State Revenue Growth, Greater Spending Restraint Is Still Required

While National Economic Performance Has Supported State Revenue Growth, Greater Spending Restraint Is Still Required Wayne Winegarden and Nikhil Agarwal November 2024 Three months into the 2024-25 fiscal year, state revenues are outperforming lowered expectations. Should these trends continue, the FY2025-26 budget process may avoid the crushing deficit problem that ...
Blog

Spending Watch

The Governor’s Special Session Will Worsen Gasoline Affordability

The Governor’s Special Session Will Worsen Gasoline Affordability Wayne Winegarden and Kerry Jackson September 2024 The special session called by Governor Gavin Newsom is supposed to save Californians from price gasoline spikes. The governor wants to blame the price spikes on greedy corporations. His accusations are merely a diversion from ...
Blog

Spending Watch

California’s Expensive but Ineffective Income Support Spending

California’s Expensive but Ineffective Income Support Spending Wayne Winegarden August 2024 Including federal, state, and local funds, California’s per capita spending on income support programs is 81 percent higher than the average expenditures for all other states – per capita spending of $3,869 compared to $2,141. These expenditures include “cash ...
Blog

Spending Watch

Californians Have Little to Show for All That Government Spending

Californians Have Little to Show for All That Government Spending Wayne Winegarden     July 2024 It should not shock anyone that the FY2024-25 budget was short on fiscal discipline and long on budget gimmicks and fund shifts. Now that this year’s budget process is coming to an end, it is ...
Blog

Spending Watch: More Debt Is More Taxes

As a recent Public Policy Institute of California (PPIC) poll confirms, this approach is out of step with “most Californians (56%) [who] would prefer to pay lower taxes and have a state government that provides fewer services”. With respect to solving the current budget crisis, the poll found that “fewer ...
Blog

Spending Watch

May Revise Preview: Sacramento Should Learn Lessons from the 2009 Budget Crisis

May Revise Preview: Sacramento Should Learn Lessons Wayne Winegarden     May 2024 Governor Newsom is finalizing the May Revision for his 2024-25 budget plan this week. As he does, the parallels between California’s 2009 budget crisis and today’s budget difficulties are too compelling to ignore. Sacramento policymakers should heed the ...
Blog

Spending Watch

Consumers, Not ‘Polluters’, Would Be Hard Hit by New Climate Tax Legislation

Consumers, Not ‘Polluters’, Would Be Hard Hit by New Climate Tax Legislation Wayne Winegarden     May 2024 SB-1497, the Polluters Pay Climate Cost Recovery Act of 2024, purports to “require fossil fuel polluters to pay their fair share of the damage caused by the sale of their products…to relieve a ...
California

Wayne Winegarden on PRI’s New Spending Watch Project

This week, we’re pleased to a special presentation by PRI’s Dr. Wayne Winegarden on our new Spending Watch initiative, which calculates the impact of major state legislation on outmigration, unemployment, taxes, and the economy.  In his presentation from PRI’s recent Sacrament policy conference, he discusses the first Spending Watch analysis ...
Blog

Spending Watch

Expanding Unemployment Insurance Benefits – All Pain for No Gain

Expanding Unemployment Insurance Benefits – All Pain for No Gain Wayne Winegarden April 2024 SB 1434 would dramatically expand unemployment insurance benefits to current eligible workers. If implemented, it would expand benefits by over 55 percent, raise the number of workers who qualify for maximum benefits, increase the benefits for ...
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