Budget and Finance

GOP lawmaker: fund schools with high-speed rail bonds

Monday, December 15th, 2014
scottwilk_portrait2013

A Republican lawmaker wants to turn money for California's high-speed rail project into funding for schools. Assemblyman Scott Wilk, R-Santa Clarita, introduced Assembly Bill 6, which would cancel outstanding bond funds approved by Proposition 1A, a 2008 voter-approved initiative to fund the st...

VIDEO: Steve Forbes: Money & The Gold Standard

Saturday, December 13th, 2014
VIDEO: Steve Forbes: Money & The Gold Standard

How has the Federal Government been hurting the economy? Author Steve Forbes tells Brian Calle how to fix our broken economy.

Chapman forecasts continued modest growth

Wednesday, December 3rd, 2014
Chapman Economic Recoveries

It's better than a recession. That's about all one can say about the current economic "recovery," which today's Chapman University 37th annual economic forecast expected to continue over the next year. The forecast was given before about 1,500 local business and community leaders at Segerstrom Cent...

Voters skeptical of major tax system overhaul 

Wednesday, December 3rd, 2014
think long committee

  While much attention has been paid to potential tax measures on the 2016 ballot, working in the background is an effort to overhaul the state’s tax system. The recently released Public Policy Institute of California poll shows how difficult a task that could be. Presenting a proposal for ...

Gov. Brown key to 2016 tax measures

Tuesday, December 2nd, 2014

  With the 2014 election finally over, attention is turned to possible tax measures on the 2016 ballot. I previously wrote about groups looking to raise taxes on commercial property, oil extraction and cigarettes; and extending or making permanent 扑克 the income-tax piece of Proposition 3...

VIDEO: John Allison — The Right Social and Economic Policies for Growth

Saturday, November 29th, 2014
NEW: VIDEO: John Allison — The Right Social and Economic Policies for Growth

Getting economic policy right is only part of the formula for long-term growth. The CATO Institute's John Allison joins Brian Calle to discuss the right business environment for long-term growth. ...

CalPERS numbers attract fresh scrutiny

Wednesday, November 26th, 2014

The California Public Employees' Retirement System looks to see 2015 as another controversial year, especially around four budding controversies. First, attention has focused in recent weeks around the way CalPERS pays its board members and executives. An investigation by the Sacramento Bee rev...

CA budget worse despite $2 billion new revenue

Thursday, November 20th, 2014
up the down staircase

  California's budget picture is sort of like that old Sandy Dennis high-school movie, "Up the Down Staircase." Going up: Legislative Analyst Mac Taylor just reported tax receipts jumped $2 billion over projections in the fiscal 2014-15 budget the Legislature passed, and Gov. Jerry Bro...

Vallejo’s struggles capture CA city perils

Friday, November 14th, 2014
Vallejo logo

After three years spent in bankruptcy, 2008-11, running the city of Vallejo is still a struggle. Facing a weakened police force and a failed experiment in citizen-driven budgeting, Vallejo's structural challenges have persisted. In the wake of the pension crisis that helped plunge the city into...

Higher tuition hikes — for what purpose?

Tuesday, November 11th, 2014
boa constrictor

  Last week, on a post-election panel presented by Capitol Weekly, I raised the issue of potential tax increases being contemplated by public unions and other groups in the next election and said that one of the reasons more revenue was sought was to cover pension obligations. A union rep...