Budget and Finance
Back to homepageChapman forecasts continued modest growth
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
Read MoreVoters skeptical of major tax system overhaul
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
Read MoreGov. Brown key to 2016 tax measures
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
Read MoreVIDEO: 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.
Read MoreCalPERS numbers attract fresh scrutiny
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
Read MoreCA budget worse despite $2 billion new revenue
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.
Read MoreVallejo’s struggles capture CA city perils
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
Read MoreHigher tuition hikes — for what purpose?
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
Read MoreL.A. city spat pits Wall Street against unions
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
Read MoreSee tax increases, think pensions
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
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