The State of California isn’t the only one scrambling to prepare a budget while staring down a deficit. Several Bay Area municipalities are also struggling with their own budget problems, San Francisco chief among them. San Francisco’s 2022-23 budget and next year’s 2023-24 budget total approximately $14 billion each. On March 31, the San Francisco...
Governor Newsom’s FY 2023-24 budget update included a larger projected deficit and more balancing measures than his January budget. But, despite pressure from Senator Scott Wiener (D-San Francisco) and transit agencies, the May Revise excluded emergency funding for local bus and rail systems around the state. The agencies’ proposed transit bailout was at best premature,...
Leaders in Sacramento are grappling with the state budget this month as California faces a budget deficit of nearly $32 billion. Senate leaders claim they can address the deficit without cutting spending on state programs, but the reality is that a fiscal reckoning is long overdue. According to a survey released by the Public Policy...
There are two big days for a California governor, January 10 when the budget is presented and the May Revise when a few months of additional data and debate have passed. They’re both political documents, allowing governors to play with numbers. Few governors have been as sporting in that enterprise as Gavin Newsom. Last week,...
French Laundry, the Getty Wedding, and now a family vacation in a Mexican resort remind us that our governor is auditorily challenged where political tone is involved. Eric Swalwell wants you vaccinated to protect his kids. Progressives threaten Feinstein over the filibuster. Dem’s federal budget includes tax breaks for government unions. Times are tough, but...
California’s new governor, Gavin Newsom, delivered an inaugural address earlier this week that accurately reflected the mentality of his supporters. Triumphalist, defiant, and filled with grand plans. But are these plans grand, or grandiose? Will Governor Newsom try to deliver everything he promised during his campaign, and if so, can California’s state government really deliver...
Most countries around the world think that it’s a good thing to have cheap energy. But in California, we have plenty of cheap energy available, just not the political will to access it. California depends on natural gas-driven turbines and hydroelectric generators to provide just 38 percent of its oil needs. The state imports 12 percent...
Average taxpayers in California are probably aware that the state budget was in the news again over the weekend. But even folks who follow both Presidential politics and local issues probably couldn’t be blamed if they tune out stories about the California budget. It’s not that they don’t care. It’s just that public finance issues...
Prepared by Golden Together, a Movement to Restore the California Dream Edward Ring, California Policy Center Steve Hilton, Founder of Golden Together Published March 20, 2025