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Spending Watch

Single Payer Will Worsen California’s Healthcare System and Reduce Economic Growth

Single Payer Will Worsen California’s Healthcare System and Reduce Economic Growth Wayne Winegarden     March 2024 With the introduction of AB 2200, advocates are, once again, proposing that California adopt a single payer healthcare system. Ostensibly, their proposed CalCare system would streamline payments, lower per-capita spending, guarantee “quality health care and long-term care,” and eliminate “out-of-pocket costs.”[1]  Further, proponents say the taxes imposed by the state would equal the money that would have been spent on ...
SpendingWatchSquare

Spending Watch

Too Much Government Spending and Volatile Tax Revenues Drive State’s Budget Problem

Too Much Government Spending and Volatile Tax Revenues Drive State’s Budget Problem Wayne Winegarden March 2024 This analysis is the first publication of Spending Watch, a new initiative from the Pacific Research Institute. Spending Watch is a resource that evaluates the revenue, spending, and economic impacts of major budget and policy proposals. The purpose of a budget is to establish an affordable spending level and then prioritize spending choices to ensure that total spending remains ...
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Spending Watch

Reparations: A Financially Unrealistic Proposal That Will Bankrupt California

Reparations: A Financially Unrealistic Proposal That Will Bankrupt California Wayne Winegarden February 2024 With the introduction of its first set of reparations bills, the California legislature is officially considering the recommendations of the California Reparations Report from the state Reparations Task Force.1 Given these introductions, it is imperative to understand the financial implications. Some basic arithmetic demonstrates that the idea of reparations is fiscally unrealistic. According to the U.S. Census,2 there are 2.5 million “black ...
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Watch Videos from PRI’s 2024 California Ideas in Action Conference

Watch Videos from PRI’s 2024 California Ideas in Action Conference The theme of the 2024 PRI California Ideas in Action Conference is the “5 Issues for 2024”. Recent surveys show the economy, homelessness and housing, crime, energy regulation, and debt are top issues for voters in advance of the 2024 elections. PRI scholars, elected officials, media voices, and real life change makers will show how market-based ideas offer actionable solutions to these key problems for ...

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