Spending Watch
Spending Watch: Newsom’s Final Budget Defers the Difficult Budget Decisions to California’s Next Governor
Newsom’s Final Budget Defers the Difficult Budget Decisions to California’s Next Governor Wayne Winegarden July 2026 The FY2026-27 Budget Basics Gov. Newsom has signed the FY2026-27 budget – Newsom’s final one as governor. He claims the budget “prioritizes fiscal restraint” and promotes “long-term sustainability,” but the numbers tell a different story. According to the agreement, the state will spend $351.7 billion in the 2026-27 fiscal year, which is nearly $27,000 per household. Overall state spending ...
No one saw ‘Spencer Pratt for mayor’ coming
A former reality television star with a penchant for inflammatory social media antics is drawing headlines and building momentum in the homestretch of a political campaign. No, not that guy. Rather, it’s Spencer Pratt, the villain from MTV’s mid-aughts show “The Hills,” who has emerged as an unlikely player in the Los Angeles mayoral race. Eye-catching social media videos, created by Pratt’s campaign and online supporters, have gone viral for their slick uses of artificial ...
New PRI Study Finds California Job Growth Lags Nation, High Costs Turn State’s Income Advantage into 35% Deficit
A new study released today by the Pacific Research Institute finds that California’s economic performance has fallen sharply behind the rest of the nation, with job growth since the COVID-19 pandemic at less than half the national rate, while the state’s high cost of living is erasing its income advantage. Click here to download the study. The report, “California at a Crossroads: How Bad Policy Cost California Its Economic Edge – and How to Win ...
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