Posts From Chris Reed
Back to homepage
Is Trump administration trolling California with long-shot offshore drilling plan?
The Trump administration’s announcement last week that it would seek to lease out 47 large areas in U.S. waters off America’s coasts to oil and gas exploration companies from 2019 to 2024 – including two areas off Northern California, two off
Read More
Revenue spike may fuel budget battle between Brown, progressives
The November forecast, conducted by the Legislative Analyst’s Office, of state revenue running $7.5 billion higher than expected in 2018-19 has set the stage for perhaps the most pitched budget fight between Gov. Jerry Brown and the Legislature since Brown returned to the
Read More
CalPERS, CalSTRS likely to face new pressure to divest from fossil-fuel companies
New York Gov. Andrew Cuomo’s call for his state’s biggest government pension fund to stop new investments in fossil-fuel companies and phase out existing investments is likely to lead to renewed calls for the Golden State’s two massive pension funds –
Read More
Sen. Feinstein’s policy reversal suggests she’s taking de León threat more seriously
California Senate President Pro Tem Kevin de León’s decision to challenge the 2018 re-election bid of U.S. Sen. Dianne Feinstein, a fellow Democrat, for not being sufficiently liberal in the Trump era is beginning to look more serious. A poll
Read More
With legal pot near, state looks to Trump administration for help on access to banks
With the legal sale of recreational marijuana a week away, local governments across California have adopted policies on where and when permitted legal sellers can operate, following the ground rules set up by Proposition 64 – the November 2016 state ballot
Read More
‘Moderates’ brawl with ‘progressives’ in San Francisco mayoral special election
The Dec. 12 death of San Francisco Mayor Ed Lee from a heart attack has set the city up for another of the periodic battles between liberal Democrats and even more liberal Democrats for control of City Hall. Members of
Read More
Bonds used for affordable housing survive in final GOP tax bill
The good news for California affordable housing advocates is that a bond/tax credit program that they rely on is part of the far-reaching Republican tax bill to be voted on by Congress this week after it had been targeted for
Read More
CA House GOPers gain concessions in federal tax bill – but are they enough?
A Republican congressional conference committee wrapped up work Wednesday on a massive tax overhaul bill that would cut taxes by $1.5 trillion over 10 years and includes several concessions designed to win support from the 28 GOP House members from
Read More
Oakland city workers to strike for seventh day
A strike by nearly 3,000 Oakland city employees will continue for a seventh day today when a mediator agreed to over the weekend will begin meeting with civic and union officials. Oakland city staffers depicted the decision by Mayor Libby
Read More
State job-creation incentives fall short – again
In February 2014, Gov. Jerry Brown’s administration unveiled an Economic Development Initiative to replace an enterprise zone program that had fallen out of favor after nearly three decades. Enterprise zones offered tax incentives to promote the starting of businesses in
Read More