Tim Anaya
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. …
Push for Unionized College Athletics Would Be Real March Madness
This push would trample upon free market reforms that are working and ensure college athletes are compensated for their name, image, and likeness. Four years ago, California launched a national revolution in college athletics by enacting Fair Pay to Play Act, which allows athletes to earn money from endorsements from …
Previewing Gov. Newsom’s Political Roadshow State of the State
The Associated Press reports that “Newsom plans to fulfill his constitutional requirement by sending a letter to the State Legislature” instead of delivering the usual speech at the State Capitol. Part of me felt a little nostalgic by the news. I’ve had the chance to work on both sides 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 …
Where is all the money going for homeless in California?
For years, PRI’s scholars have been watchdogs for how state government is spending billions of tax dollars on programs aimed at alleviating the state’s homeless problem. In their recent report, PRI’s Kerry Jackson and Wayne Winegarden analyzed the effectiveness of Project Homekey, the state’s primary program to fund the conversion …
California Has “Been There, Done That” on Push for Gas Stove Ban
California Has “Been There, Done That” on Push for Gas Stove Ban By Tim Anaya | February 16, 2023 News that the federal government is considering a ban on the sale of new gas stoves – “everything’s on the table” says a U.S. Consumer Product Safety Commissioner – sparked a …
They’re Baaack! Sacramento Liberals Once Again Propose a ‘Wealth Tax’
Last week, San Jose Democratic Assemblymember Alex Lee once again proposed a “tax on extreme wealth in California.” Under Assembly Bill 293, “extreme wealth” is defined as “households with net worths of more than $50 million.” If enacted, a 1 percent tax would be applied to wealth over $50 million, …
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 …
State Budget Update: ‘Nothing to See Here’
Back in 2003, Mohammed Saeed al-Sahaf became a notorious figure in global media for his press statements at the start of the War in Iraq. Declaring that “Baghdad is safe” and “(American) infidels are committing suicide by the hundreds in the gates of Baghdad” as US tanks raced through the …
State Budget Update: California Faces $25 Billion Budget Shortfall
When I last wrote about California’s state budget picture, Gov. Newsom was warning in his September veto messages about the state facing lower-than-expected tax revenues in the first months of the new fiscal year, and urging lawmakers to “remain discipline when it comes to spending.” With ongoing inflation and economic …
