State Budget
California
Newsom wisely channels Jerry Brown on state budget
Gov. Gavin Newsom’s just released “May Revise” budget plan is generating criticism from a surprising source — legislative progressives. The Newsom administration projects that the shortfall has grown by $9.3 billion to $31.5 billion. Adding to the problem, California can’t count on a federal bailout and the national economy is ...
Blog
Read about latest Sacramento overspending
State Budget Update: Lawmakers Propose ‘Old Fashioned Tax and Spend Budget’
With the turning of the page on the calendar to May comes the anticipated arrival of Gov. Gavin Newsom’s “May Revise” budget plan, which should be released around May 10. The May Revise is the governor’s updated budget plan taking into account the state’s latest economic forecasts and cash receipts. ...
Blog
Can Taxpayers Afford New Union Giveaways?
The LAUSD Strike and the State Budget Deficit: Train Wreck Ahead
While coverage of the recent strike by Los Angeles teachers and school staff members has focused on the immediate wage demands of the unions and the impact on students and their families, the bigger and looming issue is how California’s growing state budget deficit could impact any collective bargaining agreement. ...
Blog
Read exclusive book excerpt
Cities in Crisis: How to fix municipal government budgeting
Read an excerpt from The Municipal Financial Crisis: A Framework for Understanding and Fixing Government Budgeting by Mark Moses (reprinted with permission). There was an alleged exchange in the 1950s between golfing great Sam Snead and baseball legend Ted Williams regarding which sport is more challenging. Ted pointed out that a ...
Blog
Reparation Dollars and Non-Sense
How Much Could You Have to Pay in Reparations?
In 2020, Gov. Newsom signed into law the establishment of the first in the nation task force to propose recommendations to address the history of slavery in the U.S., despite the fact that California joined the union as a “free state.” We’ll save the discussion on the misguided policy of ...
Blog
State Budget Update: Scandal, Calls to Resist Cuts Mask State’s Growing Budget Shortfall
California’s budget problem is growing at an alarming rate. A new report recently released by the nonpartisan Legislative Analyst’s office forecasts, based on updated revenue projections that the stat will face “a large budget problem by about $7 billion” over what Gov. Newsom projects for the 2022-23 and 2023-24 fiscal ...
California
Shocking! Why California Policymakers Are So Often Caught by Surprise
California is always in the national news and too often for not-so-good reasons. A couple of recent events has left much of the rest of the country wondering how this ever-swaggering state is continually caught off guard. There’s really no mystery here. The answer is obvious. When it was announced ...
Blog
State Budget Update: Budget Deficit Could Be Far Worse Than Initially Thought
While noting that the Newsom plan does some good things like continuing to pay down debt and making modest budget cuts, PRI senior fellow in business and economics Dr. Wayne Winegarden wrote of the proposal in the Orange County Register that, “it avoids some of the tough budget choices these ...
California
On brink of recession, Newsom and lawmakers must budget cautiously
Gov. Newsom on Tuesday proposed a roughly $297 billion state budget plan for the 2023-24 fiscal year. In contrast to last year’s nearly $100 billion surplus, the administration projects $29.5 billion in lower than estimated revenues and a $22.5 billion shortfall. The Newsom spending plan does some good things – including paying ...
Commentary
Privatization saves money and improves city services
What is the purpose of city government? If you’re an ordinary person, you might figure something like the establishing of certain types of rules (mainly around business and building) and the providing of certain types of services (from parks to policing). City residents, business owners, developers and visitors pay taxes ...
Newsom wisely channels Jerry Brown on state budget
Gov. Gavin Newsom’s just released “May Revise” budget plan is generating criticism from a surprising source — legislative progressives. The Newsom administration projects that the shortfall has grown by $9.3 billion to $31.5 billion. Adding to the problem, California can’t count on a federal bailout and the national economy is ...
Read about latest Sacramento overspending
State Budget Update: Lawmakers Propose ‘Old Fashioned Tax and Spend Budget’
With the turning of the page on the calendar to May comes the anticipated arrival of Gov. Gavin Newsom’s “May Revise” budget plan, which should be released around May 10. The May Revise is the governor’s updated budget plan taking into account the state’s latest economic forecasts and cash receipts. ...
Can Taxpayers Afford New Union Giveaways?
The LAUSD Strike and the State Budget Deficit: Train Wreck Ahead
While coverage of the recent strike by Los Angeles teachers and school staff members has focused on the immediate wage demands of the unions and the impact on students and their families, the bigger and looming issue is how California’s growing state budget deficit could impact any collective bargaining agreement. ...
Read exclusive book excerpt
Cities in Crisis: How to fix municipal government budgeting
Read an excerpt from The Municipal Financial Crisis: A Framework for Understanding and Fixing Government Budgeting by Mark Moses (reprinted with permission). There was an alleged exchange in the 1950s between golfing great Sam Snead and baseball legend Ted Williams regarding which sport is more challenging. Ted pointed out that a ...
Reparation Dollars and Non-Sense
How Much Could You Have to Pay in Reparations?
In 2020, Gov. Newsom signed into law the establishment of the first in the nation task force to propose recommendations to address the history of slavery in the U.S., despite the fact that California joined the union as a “free state.” We’ll save the discussion on the misguided policy of ...
State Budget Update: Scandal, Calls to Resist Cuts Mask State’s Growing Budget Shortfall
California’s budget problem is growing at an alarming rate. A new report recently released by the nonpartisan Legislative Analyst’s office forecasts, based on updated revenue projections that the stat will face “a large budget problem by about $7 billion” over what Gov. Newsom projects for the 2022-23 and 2023-24 fiscal ...
Shocking! Why California Policymakers Are So Often Caught by Surprise
California is always in the national news and too often for not-so-good reasons. A couple of recent events has left much of the rest of the country wondering how this ever-swaggering state is continually caught off guard. There’s really no mystery here. The answer is obvious. When it was announced ...
State Budget Update: Budget Deficit Could Be Far Worse Than Initially Thought
While noting that the Newsom plan does some good things like continuing to pay down debt and making modest budget cuts, PRI senior fellow in business and economics Dr. Wayne Winegarden wrote of the proposal in the Orange County Register that, “it avoids some of the tough budget choices these ...
On brink of recession, Newsom and lawmakers must budget cautiously
Gov. Newsom on Tuesday proposed a roughly $297 billion state budget plan for the 2023-24 fiscal year. In contrast to last year’s nearly $100 billion surplus, the administration projects $29.5 billion in lower than estimated revenues and a $22.5 billion shortfall. The Newsom spending plan does some good things – including paying ...
Privatization saves money and improves city services
What is the purpose of city government? If you’re an ordinary person, you might figure something like the establishing of certain types of rules (mainly around business and building) and the providing of certain types of services (from parks to policing). City residents, business owners, developers and visitors pay taxes ...
