California

Business & Economics

Old Boss or New Boss, state stem cell agency still a bust

The California Institute for Regenerative Medicine (CIRM) has chosen financier Jonathan Thomas as its new boss — but it matters little who runs the state stem-cell agency. The focus should be on results, and by that standard, Californians do not get what they paid for. Thomas, an investment banker schooled ...
California

California Ignores Parents, Empowers Reactionaries

Many states are passing progressive legislation to empower parents and students with choice in education. California, on the other hand, is considering legislation that ignores the needs of students and makes the most powerful anti-choice force in the state even more powerful. In the nation’s capital, Congress has revived the ...
Business & Economics

Taking the Initiative

A series of bills pending in California’s state legislature would severely curtail the use of voters’ initiatives and referenda—and have already sparked a long-overdue debate about the virtues of direct democracy. Advocates for reform make some valid points about the problems with the initiative process; it’s certainly the case that ...
Commentary

Follow the State’s Lead to Better Medicaid

By any objective measure, Medicaid is a failure. It provides substandard care at an ever increasing cost to taxpayers. When a Republican Congress and a Democrat president worked together to end another failing program – welfare as we knew it — we achieved something rare in public policy: success. We ...
California

Lesson for California: Washington State’s Bipartisan Medicaid Reform Will Benefit Taxpayers and Patients

It’s a short law with big potential: SB 5596, signed by governor Christine Gregoire at the end of May, is only three pages long. Nevertheless it puts Washington State on a path to Medicaid solvency and sets an example for California and the nation. Remarkably, the law, sponsored by conservative ...
Commentary

Medicaid Mess-up

Last week, government officials discovered that up to 3 million middle-class Americans — with annual incomes as high as $64,000 — could qualify for Medicaid, the government health insurance program for the poor, thanks to Obamacare. Medicare’s chief actuary, Richard Foster, summed the situation up nicely: “[T]hat just doesn’t make ...
Commentary

Congress Should Apply Clinton-era Reform to Medicare

A successful welfare reform from the 1990s offers a model to reform a currently out-of-control program many Americans assume to be an entitlement, but which is actually welfare. The program is Medicaid, which should be easier to fix, politically, than the so-called entitlements of Social Security and Medicare. The politicians ...
Business & Economics

Brown Busts the Budget

The California Legislature just passed a budget. Less than 24 hours later, the governor vetoed it, leaving many scratching their heads why Gov. Jerry Brown vetoed a budget from his own party. “For the first time in history, the state budget has been vetoed,” Brown said in a news conference. ...
Business & Economics

New consumer bureau will be a bust – guaranteed

In July, the Consumer Financial Protection Bureau (CFPB) formally begins operations. Republicans oppose President Obama’s top choice, Elizabeth Warren, to head the new bureau, which should not have been created in the first place. The CFPB will drive up prices, but won’t actually protect consumers. Consider first the sheer implausibility ...
Commentary

Will Employer-Sponsored Health Insurance Survive Obamacare?

Reports from consulting firms don’t normally make national news. Then again, most such reports don’t predict the downfall of the American health care system. Earlier this month, the consulting group McKinsey projected that tens of millions of Americans could find themselves without the health coverage they now get through their ...
Business & Economics

Old Boss or New Boss, state stem cell agency still a bust

The California Institute for Regenerative Medicine (CIRM) has chosen financier Jonathan Thomas as its new boss — but it matters little who runs the state stem-cell agency. The focus should be on results, and by that standard, Californians do not get what they paid for. Thomas, an investment banker schooled ...
California

California Ignores Parents, Empowers Reactionaries

Many states are passing progressive legislation to empower parents and students with choice in education. California, on the other hand, is considering legislation that ignores the needs of students and makes the most powerful anti-choice force in the state even more powerful. In the nation’s capital, Congress has revived the ...
Business & Economics

Taking the Initiative

A series of bills pending in California’s state legislature would severely curtail the use of voters’ initiatives and referenda—and have already sparked a long-overdue debate about the virtues of direct democracy. Advocates for reform make some valid points about the problems with the initiative process; it’s certainly the case that ...
Commentary

Follow the State’s Lead to Better Medicaid

By any objective measure, Medicaid is a failure. It provides substandard care at an ever increasing cost to taxpayers. When a Republican Congress and a Democrat president worked together to end another failing program – welfare as we knew it — we achieved something rare in public policy: success. We ...
California

Lesson for California: Washington State’s Bipartisan Medicaid Reform Will Benefit Taxpayers and Patients

It’s a short law with big potential: SB 5596, signed by governor Christine Gregoire at the end of May, is only three pages long. Nevertheless it puts Washington State on a path to Medicaid solvency and sets an example for California and the nation. Remarkably, the law, sponsored by conservative ...
Commentary

Medicaid Mess-up

Last week, government officials discovered that up to 3 million middle-class Americans — with annual incomes as high as $64,000 — could qualify for Medicaid, the government health insurance program for the poor, thanks to Obamacare. Medicare’s chief actuary, Richard Foster, summed the situation up nicely: “[T]hat just doesn’t make ...
Commentary

Congress Should Apply Clinton-era Reform to Medicare

A successful welfare reform from the 1990s offers a model to reform a currently out-of-control program many Americans assume to be an entitlement, but which is actually welfare. The program is Medicaid, which should be easier to fix, politically, than the so-called entitlements of Social Security and Medicare. The politicians ...
Business & Economics

Brown Busts the Budget

The California Legislature just passed a budget. Less than 24 hours later, the governor vetoed it, leaving many scratching their heads why Gov. Jerry Brown vetoed a budget from his own party. “For the first time in history, the state budget has been vetoed,” Brown said in a news conference. ...
Business & Economics

New consumer bureau will be a bust – guaranteed

In July, the Consumer Financial Protection Bureau (CFPB) formally begins operations. Republicans oppose President Obama’s top choice, Elizabeth Warren, to head the new bureau, which should not have been created in the first place. The CFPB will drive up prices, but won’t actually protect consumers. Consider first the sheer implausibility ...
Commentary

Will Employer-Sponsored Health Insurance Survive Obamacare?

Reports from consulting firms don’t normally make national news. Then again, most such reports don’t predict the downfall of the American health care system. Earlier this month, the consulting group McKinsey projected that tens of millions of Americans could find themselves without the health coverage they now get through their ...
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