Budget and Finance

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...

L.A. city spat pits Wall Street against unions

Thursday, November 6th, 2014
Los Angeles city hall, wikimedia

The latest twist in Los Angeles city politics has shed light on an important new trend in fiscal politics. With new urgency, a coalition of public workers unions has demanded Mayor Eric Garcetti and other city leaders scuttle longstanding financial deals with Wall Street banks. As the Los Angeles...

See tax increases, think pensions

Monday, November 3rd, 2014

  Despite the ridicule heaped on bonuses offered public workers for simply doing their jobs – just one prime example: a librarian earning a bonus for helping members of the public find books – the California Retirement System board last week made sure the bonuses added to salaries will b...

SEC commissioner warns of financial crisis

Tuesday, October 28th, 2014
Growth of private debt,wikimedia

  Much of the country, and especially California, has yet to fully recover from the Great Recession, which officially ended in June 2009. But recent federal government actions may be leading us into another financial crisis. That was the warning from Securities and Exchange Commissioner D...

VIDEO: The Truth (and Lies) about Income Inequality, with Grover Norquist

Thursday, September 25th, 2014
NEW: VIDEO: The Truth (and Lies) about Income Inequality, with Grover Norquist

Want to solve income inequality? Washington can't do it by hiking taxes. CalWatchdog.com editor Brian Calle discusses with American for Tax Reform president Grover Norquist.   ...