Posts Tagged ‘California budget’
Monday, May 20th, 2013
May 20, 2013
By Katy Grimes
The Caltrans Bay Bridge debacle is worse than just a case of embarrassment for government infrastructure projects. The bridge is unsafe, according to engineering experts across the country, after the discovery that a third of the of the 96 massive, high-strength...
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...
Saturday, May 18th, 2013
May 18, 2013
By John Seiler
So much new revenue is flowing into California that Gov. Jerry Brown's May Revise budget projected an extra $4.5 billion this year. But even that was too low for Legislative Analyst, who projected another $3.2 billion on top of that.
Total: a $7.7 billion bonanza...
Friday, May 17th, 2013
MAY 17, 2013
By Katy Grimes
SACRAMENTO -- The Senate Governance and Finance Committee on Wednesday passed six constitutional amendments to make it easier for local voters to pass various tax increases on property owners.
"California didn't knowingly vote for centralized power," said Sen...
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 ...
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...
Tuesday, May 14th, 2013
May 14, 2013
By John Seiler
Gov. Jerry Brown's May Revision to his January budget certainly was a happier occasion than for any budget in a decade. Thanks to money pouring in from the tax increases, especially $7 billion from Proposition 30, he's projecting balanced budgets well into the futur...
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...
Monday, May 13th, 2013
May 13, 2013
By John Seiler
Tomorrow Gov. Jerry Brown will release the May Revise to his January budget proposal for fiscal year 2013-14, which begins on July 1. These are the base numbers the Legislature will work with as it hashes out a budget before (and maybe after) the June 15 constitutio...
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...
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