State Budget
Blog
Don’t Take All That Talk About Economic Growth or a Recession to the Bank (Yet)
It seems you can’t scroll through your social media feed or morning newsletter without reading commentary about inverted yield curve and recession. A 2020 economic recession is the talk of political pundits, financial talking heads, and presidential hopefuls, but the verdict is out on whether the longest sustained economic growth ...
Blog
Split-Roll Forces Challenge Prop 13: How Will Californians React?
Supporters behind the split roll ballot measure that would remove Proposition 13’s tax protection for commercial properties had it been approved are apparently junking the initiative in favor of what they believe will be a “new and improved” plan. “They claim they are strengthening the measure to help it pass,” ...
Business & Economics
Sacramento, not D.C., is responsible for California’s unaffordable tax burden
Last fall, Democratic congressional candidates successfully painted the 2017 federal Tax Cuts and Jobs Act as a tax increase on hard working Californians to pick-up even more congressional seats. Congress, they charged, raised the tax burden of many Californians by, among other things, capping the State and Local Tax, or ...
Blog
CalPERS & CalSTRS Report Lower Than Expected Returns – Is ESG One Reason Why?
CalPERS and CalSTRS – the two largest public employee pension funds in both California and the nation –just announced their annual investment returns for the 2018-19 fiscal year. Once again, it’s not good news for California taxpayers. Both funds reported that their respective net return of investments came in under ...
Blog
Teacher Unions Veer Far Left
Recently, The Washington Times published an op-ed that I authored where I describe how the National Education Association and the American Federation of Teachers, to use the newspaper’s headline, “Careen Left.” But the reality is that the political landscape and momentum of teacher unions across the country is actually trending ...
Blog
Newsom’s Homeless Task Force Shuts Out Private Charities, Non-Profits
California’s homeless crisis continues to wage out of control on the streets of San Francisco, Los Angeles, Sacramento, and communities across the state. State and local politicians have given lots of lip service about “taking action” to solve the problem. Not surprisingly, their vision for addressing the problem only involves ...
Blog
California’s Business Climate Continues to Receive Poor Scores
California has lived on the trope of being the hub of technology startups and innovation for decades. California’s economic success has long been touted and celebrated, none more so than the technology gold rush in the Bay Area. But despite California’s seemingly never-ending economic growth, the Golden State is now ...
Blog
Winners and Losers in 2019’s State Budget
This year’s state budget debate is in the history books. On Thursday, the Legislature’s liberal supermajority passed the main budget bill and some of the trailer bills required to implement the budget. The 2019-20 state budget is also Gov. Gavin Newsom’s first opportunity to put his stamp on the state’s ...
Commentary
California’s ‘free’ health care for illegal immigrants — courtesy of the taxpayers
On Thursday, June 13, California lawmakers approved a $215 billion state budget, which Governor Gavin Newsom is expected to sign. Included in the budget are several health care reforms whose mammoth cost the state may soon regret. Paramount among them is the expansion of Medi-Cal, the state’s Medicaid program to cover low-income undocumented ...
California
Sally Pipes Responds to CA Push to Expand Medicaid for Undocumented in Daily Signal
California Lawmakers Move to Expand Medicaid for Illegal Immigrants By Kaylee Greenlee The California Assembly voted 44-11 in favor of a bill last week that broadens state Medicaid coverage to include illegal immigrants to the tune of more than $3 billion annually. Under federal law, Medi-Cal, the state’s Medicaid program, provides ...
Don’t Take All That Talk About Economic Growth or a Recession to the Bank (Yet)
It seems you can’t scroll through your social media feed or morning newsletter without reading commentary about inverted yield curve and recession. A 2020 economic recession is the talk of political pundits, financial talking heads, and presidential hopefuls, but the verdict is out on whether the longest sustained economic growth ...
Split-Roll Forces Challenge Prop 13: How Will Californians React?
Supporters behind the split roll ballot measure that would remove Proposition 13’s tax protection for commercial properties had it been approved are apparently junking the initiative in favor of what they believe will be a “new and improved” plan. “They claim they are strengthening the measure to help it pass,” ...
Sacramento, not D.C., is responsible for California’s unaffordable tax burden
Last fall, Democratic congressional candidates successfully painted the 2017 federal Tax Cuts and Jobs Act as a tax increase on hard working Californians to pick-up even more congressional seats. Congress, they charged, raised the tax burden of many Californians by, among other things, capping the State and Local Tax, or ...
CalPERS & CalSTRS Report Lower Than Expected Returns – Is ESG One Reason Why?
CalPERS and CalSTRS – the two largest public employee pension funds in both California and the nation –just announced their annual investment returns for the 2018-19 fiscal year. Once again, it’s not good news for California taxpayers. Both funds reported that their respective net return of investments came in under ...
Teacher Unions Veer Far Left
Recently, The Washington Times published an op-ed that I authored where I describe how the National Education Association and the American Federation of Teachers, to use the newspaper’s headline, “Careen Left.” But the reality is that the political landscape and momentum of teacher unions across the country is actually trending ...
Newsom’s Homeless Task Force Shuts Out Private Charities, Non-Profits
California’s homeless crisis continues to wage out of control on the streets of San Francisco, Los Angeles, Sacramento, and communities across the state. State and local politicians have given lots of lip service about “taking action” to solve the problem. Not surprisingly, their vision for addressing the problem only involves ...
California’s Business Climate Continues to Receive Poor Scores
California has lived on the trope of being the hub of technology startups and innovation for decades. California’s economic success has long been touted and celebrated, none more so than the technology gold rush in the Bay Area. But despite California’s seemingly never-ending economic growth, the Golden State is now ...
Winners and Losers in 2019’s State Budget
This year’s state budget debate is in the history books. On Thursday, the Legislature’s liberal supermajority passed the main budget bill and some of the trailer bills required to implement the budget. The 2019-20 state budget is also Gov. Gavin Newsom’s first opportunity to put his stamp on the state’s ...
California’s ‘free’ health care for illegal immigrants — courtesy of the taxpayers
On Thursday, June 13, California lawmakers approved a $215 billion state budget, which Governor Gavin Newsom is expected to sign. Included in the budget are several health care reforms whose mammoth cost the state may soon regret. Paramount among them is the expansion of Medi-Cal, the state’s Medicaid program to cover low-income undocumented ...
Sally Pipes Responds to CA Push to Expand Medicaid for Undocumented in Daily Signal
California Lawmakers Move to Expand Medicaid for Illegal Immigrants By Kaylee Greenlee The California Assembly voted 44-11 in favor of a bill last week that broadens state Medicaid coverage to include illegal immigrants to the tune of more than $3 billion annually. Under federal law, Medi-Cal, the state’s Medicaid program, provides ...
