Budget and Finance
Back to homepageSplit-roll tax bill strikes at Prop. 13
Almost every year in the California Legislature Proposition 13 becomes a target for those seeking higher taxes. The 1978 tax-limitation measure, among other things, requires a two-thirds vote for local tax increases. As budget maneuvers heat up in the
Read MoreVideo: Would a flat tax make CA’s comeback last?
CalWatchdog.com editor-in-chief Brian Calle discusses the California economic comeback with writer Stephen Moore.
Read MoreVideo: An unsustainable recovery in California
Former California State Finance Director Tom Campbell gives his take on California’s economic outlook.
Read MoreAnalysis: Kashkari unveils economic plan
Neel Kashkari is running for governor under the slogan, “Jobs. Education. That’s it.” The Republican businessman today released his detailed, 26-page plan for the first part of that promise: Jobs. The title is, “Neel Kashkari’s Jobs Plan: Rebuilding the Middle
Read MoreSan Jose Mayor Reed folds on pension initiative
In a disappointing indicator of the challenges facing public pension reform, outgoing San Jose Mayor Chuck Reed has shelved his statewide ballot initiative designed to address the problem. The mayor blames a time crunch and unappealing language used in Attorney
Read MoreCal Lutheran: State growth anemic next 2 years
California’s economic recovery remains anemic and a two-year projection put forth in the March forecast of the Center for Economic Research and Forecasting at Cal Lutheran predicts more of the same. Here’s the chart: Notice that growth the next
Read MoreArt Laffer: It’s pretty cool that Democrats know we need lower tax rates
Art Laffer discusses bipartisan tax reform with lower rates and a flatter base.
Read MoreFeds give CA breathing room on bullet-train matching funds
There’s been another funding twist for the California bullet-train project. The Federal Railroad Administration has agreed to delay the due date for $180 million in state matching funds for the project from April 1 to July 1, according to a
Read MoreHoover conference reaches consensus on some areas of pension reform
Today the Hoover Institution released a crucial document in California’s debate over pensions, “California Public Pension Solutions: Post-Conference Report.” The conference itself took place last October. But its debates and findings now have been compiled for everyone to read and
Read MoreCA jobs growth continues strong
New data show strong jobs growth continuing in California throughout the year. That’s good news for the state’s workers. And it’s especial good news for one jobholder in particular: Gov. Jerry Brown, who is being coy about a re-election run
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