Posts Tagged ‘budget deficit’

Assembly bill would extend ‘cradle-to-career’ state education
Tuesday, May 21st, 2013
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May 21, 2013 By Katy Grimes SACRAMENTO -- Some California educators want to educate your children "cradle-to-career." In support of President Obama's proposal to significantly increase federal spending on early childhood education and care, Assembly Concurrent Resolution 45 is by Ass...

Brown’s precious budget
Monday, May 20th, 2013
California state budget, Wolverton, cagle, Brown, May 20, 2013

No spare change under the dome
Monday, May 20th, 2013

May 20, 2013 By Katy Grimes During his press briefing last week while discussing the state’s lack of budgeting flexibility, Gov. Jerry Brown said, "Anyone who thinks there's spare change around here, they haven’t read the budget." Brown released his May Budget Revision l...

Collective bargaining behind the scenes
Wednesday, May 15th, 2013

May 15, 2013 By Katy Grimes Government employees' salaries and benefits, and in particular, pensions, are financially unsustainable in California. It is clear that collective bargaining reform is needed. But in a state run by politicians elected largely with the financial support of labor and ...

Gov. Brown’s May budget revision balances only by ignoring unfunded liabilities
Tuesday, May 14th, 2013

May 14, 2013 By Katy Grimes SACRAMENTO -- Balancing the economic realities of the state budget with political influences surely is a challenging task. Unfortunately, in California it is a task which few administrations have managed in recent state history. Democratic Gov. Jerry Brown an...

Assembly budget secrecy ahead; 37 empty budget bills passed
Tuesday, May 14th, 2013

May 14, 2013 By Katy Grimes SACRAMENTO -- Another secretive budget is in the near future as Democrats passed 37 empty budget "spot bills" Monday. It was business as usual in the Assembly. Assemblyman Bob Blumenfield, D-Los Angeles, the author of AB 74, the budget bills, and Chairman of the...

Vindictive Obamacare bills speeding through Legislature
Thursday, May 9th, 2013

May 9, 2013 By Katy Grimes It's always good to see the California Legislature proposing more vindictive bills aimed at penalizing employers. The new "Walmart loophole" bill, AB 880, would require large employers to "pay their fair share when they dump workers onto Medi-Cal by cutting ho...

Lawmaker wants president to discharge student loan debt
Wednesday, May 8th, 2013

May 8, 2013 By Katy Grimes SACRAMENTO -- In 2006, a major rewrite of the federal bankruptcy law allowed for federal student loans to be dischargeable. Prior to 2006, student loans, along with taxes, were always required to be paid back in bankruptcy court. Now, Assemblyman Bob Wieckowski, D...

‘No Federal Bailout’ bill killed in Assembly Banking Committee
Wednesday, May 8th, 2013
Denial river in egypt

May 8, 2013 By Katy Grimes SACRAMENTO -- As the self-help movements say, taking responsibility is crucial to recovery. That's why Assemblywoman Shannon Grove, R-Bakersfield, wants California to take responsibility for its pension addiction. Her bill, Assembly Joint Resolution 10, called o...

CA Obamacare penalty to cost employers more than plan
Tuesday, May 7th, 2013

May 7, 2013 By Katy Grimes As more regulations are discovered in the 2010 Affordable Care Act, more people are realizing the impact of the legislation. And California looks as if the law could hit it hard. CA medical claims will jump 62 percent  According to the Society of Actuaries, fi...