Tag "budget deficit"
Back to homepageAssembly passes bad Cap and Trade bill
May 29, 2012 Katy Grimes: The Assembly today passed the controversial Cap and Trade bill, Assembly Bill 1532, by Assembly Speaker John Perez, D-Los Angeles, which would deposit Cap and Trade carbon credit permit monies into a new Greenhouse Gas
Read MoreCalifornia counting its carbon tax riches
May 29, 2012 By Katy Grimes While the rest of the country shuns carbon trading schemes, California politicians continue to embrace the concept, and are forging ahead with a Cap and Trade carbon trading system. But eight states have dropped
Read MoreCA debt much larger than reported
May 29, 2012 By Katy Grimes Reports of California’s debt usually just include the $17 billion budget deficit. But California also owes the federal government $14 billion, and public schools $10 billion. While California sputters under the massive debt, legislators
Read MoreGrowing CA’s education welfare system
May 25, 2012 By Katy Grimes SACRAMENTO — Democratic Assembly Speaker John Perez, D-Los Angeles, has been pushing unusually hard to get a tax bill passed, but it’s not looking good. There is no getting around the fact that AB 1500,
Read MoreProp 29 shaping up to be fiscal disaster
May 25, 2012 By Katy Grimes What do stem cell research and cancer research have in common? In California, both health causes serve as money making mechanisms for bureaucrats. Stem cell research In 2004, California voters passed the stem cell
Read MoreThe world according to CARB
May 18, 2012 By Katy Grimes Recently, a memo sent out by the California Air Resources Board referred to the industries CARB has identified as polluters as California’s “regulated class.” These polluters are now subject to the heavy-handed rule and
Read MoreAssembly hearings expose Brown budget gaps
May 17, 2012 By Katy Grimes Like a woman with a shopping addiction, California politicians are going to bankrupt the Golden State. California has a $16 billion deficit, a $4.6 billion budget spending increase since January, a credit rating which
Read MoreSwimming pool regs could kill summer fun
May 16, 2012 By Katy Grimes With cities all over the state closing community swimming pools because of budget cuts, a California lawmaker is pushing a bill requiring owners of public swimming pools to employ a “pool operator.” California politicians
Read MoreDemocrats jeopardize $1.3 billion in federal funds
May 15, 2012 By Katy Grimes It appears that Democrats aren’t really sincere or even serious about working toward solutions that will actually help California solve the economic crisis in the state. Last week, Democrats voted against a smart consolidation program
Read MoreWalter Russell Mead calls Calif. a ‘failed state’
May 15, 2012 By John Seiler One centrist Democrat I’ve read for years is Walter Russell Mead. He writes the Via Meadea blog for the American Interest. The name is a pun on several levels: his name, mead the beverage,
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