California

California

Lessons for California from Chicago teachers strike

WITH teachers in Chicago on strike, it’s tempting for Californians to view it as a phenomenon of the rough-and-tumble politics of the Windy City with little application to the Golden State. True, some issues, such as the high wage demands of the teachers union, are Chicago-specific. But in many other ...
Business & Economics

FOR STATE BUDGET, NOTHING TO ‘LIKE’ ABOUT FACEBOOK IPO

Facebook’s stock price is currently hovering just above its all-time low. Shares have lost nearly half their value since they hit the market in May. The social network’s executives, employees and investors aren’t the only ones disappointed by the stock’s underperformance. The state of California was hoping for roughly $2 ...
California

Calif. governor hoping to keep ObamaCare

The head of a California research organization says Gov. Jerry Brown (D) is planning to keep ObamaCare intact in his state, even if it is reversed under Mitt Romney’s leadership. Brown plans to hold a special legislative session in December on issues related to ObamaCare to give him and state ...
California

Repeal or not, California’s stuck with Obamacare

Even if Mitt Romney is elected president and gets rid of Obamacare, we might be stuck with some variation of it here in California. That’s what’s behind Gov. Jerry Brown this week calling a special session of the California Legislature to deal with health care in December or January. The ...
California

Jerry Brown using kids as bait, again

It’s become a cliché that whenever governments want more money from taxpayers, officials insist the added burden must be borne “for the children.” With 50 years in the game, Gov. Jerry Brown knows that clichés work. So, Thursday he kicked of his campaign for Proposition 30, which would increase state ...
Commentary

The CBO Just Rendered Its Verdict On The Cost Of Obamacare, And It Isn’t Pretty

The Congressional Budget Office (CBO) just rendered its latest opinion on the cost of Obamacare following the Supreme Court’s decision to uphold most of the law back in June. The numbers aren’t pretty. Despite breathless media reports of additional “savings,” the government’s bean counters actually exposed several flaws in the ...
Business & Economics

Brown should go back to idea of a flat tax to help economy

Gov. Jerry Brown just signed bills finalizing California’s budget and closing the Golden State’s $16 billion budget deficit. But the governor’s budget is contingent on voters approving a proposed $8.5 billion tax hike at the ballot box this November. If they don’t, some $6 billion in spending cuts will go ...
Business & Economics

Arthur B. Laffer: Right to work, wrong to tax in California

Gov. Jerry Brown just enacted a $91.3 billion budget measure to close California’s $16 billion deficit. After pleading with legislators to approve billions of dollars in spending cuts, he’s asking voters to approve major tax increases in November. If they don’t, some $6 billion in cuts would take effect in ...
California

Win some, lose some on bill signing

We take selective note of bills signed or vetoed the past week by Gov. Jerry Brown. Commendably, the governor vetoed Senate Bill 1235, by Senate President Pro Tem Darrell Steinberg, D-Sacramento. It would have required the state superintendent of public instruction and the Department of Education to “provide training and ...
California

Skin in the Game: Governor Brown is Right and Secretary Sebelius Is Wrong About Medicaid Co-Pays

Key Points: Governor Jerry Brown and California legislators have attempted to get Medi-Cal’s budget under control by charging reasonable co-pays for medical and hospital services, especially emergency rooms. Secretary Sebelius has just quashed the state’s co-pay reform, relying on dubious legal interpretation. This federal overreach cost California taxpayers half a ...
California

Lessons for California from Chicago teachers strike

WITH teachers in Chicago on strike, it’s tempting for Californians to view it as a phenomenon of the rough-and-tumble politics of the Windy City with little application to the Golden State. True, some issues, such as the high wage demands of the teachers union, are Chicago-specific. But in many other ...
Business & Economics

FOR STATE BUDGET, NOTHING TO ‘LIKE’ ABOUT FACEBOOK IPO

Facebook’s stock price is currently hovering just above its all-time low. Shares have lost nearly half their value since they hit the market in May. The social network’s executives, employees and investors aren’t the only ones disappointed by the stock’s underperformance. The state of California was hoping for roughly $2 ...
California

Calif. governor hoping to keep ObamaCare

The head of a California research organization says Gov. Jerry Brown (D) is planning to keep ObamaCare intact in his state, even if it is reversed under Mitt Romney’s leadership. Brown plans to hold a special legislative session in December on issues related to ObamaCare to give him and state ...
California

Repeal or not, California’s stuck with Obamacare

Even if Mitt Romney is elected president and gets rid of Obamacare, we might be stuck with some variation of it here in California. That’s what’s behind Gov. Jerry Brown this week calling a special session of the California Legislature to deal with health care in December or January. The ...
California

Jerry Brown using kids as bait, again

It’s become a cliché that whenever governments want more money from taxpayers, officials insist the added burden must be borne “for the children.” With 50 years in the game, Gov. Jerry Brown knows that clichés work. So, Thursday he kicked of his campaign for Proposition 30, which would increase state ...
Commentary

The CBO Just Rendered Its Verdict On The Cost Of Obamacare, And It Isn’t Pretty

The Congressional Budget Office (CBO) just rendered its latest opinion on the cost of Obamacare following the Supreme Court’s decision to uphold most of the law back in June. The numbers aren’t pretty. Despite breathless media reports of additional “savings,” the government’s bean counters actually exposed several flaws in the ...
Business & Economics

Brown should go back to idea of a flat tax to help economy

Gov. Jerry Brown just signed bills finalizing California’s budget and closing the Golden State’s $16 billion budget deficit. But the governor’s budget is contingent on voters approving a proposed $8.5 billion tax hike at the ballot box this November. If they don’t, some $6 billion in spending cuts will go ...
Business & Economics

Arthur B. Laffer: Right to work, wrong to tax in California

Gov. Jerry Brown just enacted a $91.3 billion budget measure to close California’s $16 billion deficit. After pleading with legislators to approve billions of dollars in spending cuts, he’s asking voters to approve major tax increases in November. If they don’t, some $6 billion in cuts would take effect in ...
California

Win some, lose some on bill signing

We take selective note of bills signed or vetoed the past week by Gov. Jerry Brown. Commendably, the governor vetoed Senate Bill 1235, by Senate President Pro Tem Darrell Steinberg, D-Sacramento. It would have required the state superintendent of public instruction and the Department of Education to “provide training and ...
California

Skin in the Game: Governor Brown is Right and Secretary Sebelius Is Wrong About Medicaid Co-Pays

Key Points: Governor Jerry Brown and California legislators have attempted to get Medi-Cal’s budget under control by charging reasonable co-pays for medical and hospital services, especially emergency rooms. Secretary Sebelius has just quashed the state’s co-pay reform, relying on dubious legal interpretation. This federal overreach cost California taxpayers half a ...
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