Newsom Wisely Avoids Transit Bailout in May Budget Revise

By Marc Joffe

05/16/2023

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,...

TAGS: budget, California budget, California state budget, Gavin Newsom, state budget, Transportation, transportation infrastructure

Sacramento’s Mismanagement of Taxpayer Dollars

By Sheridan Karras

05/11/2023

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...

TAGS: budget, California budget, California state budget, Gavin Newsom, state budget

Looming Deficits Present Another Opportunity to Offer Solutions for California

By Edward Ring

12/01/2022

Just a few months ago, Gov. Gavin Newsom was bragging about California’s “$100 billion budget surplus.” At the same time, the California Policy Center was pointing out that the governor’s “surplus” was fantasy – that state and local governments owed about $1.6 trillion. In those heady days, however, with obliging media cheering him on, Newsom...

TAGS: California debt, California state budget, Government Spending, state budget

Inflation-adjusted per capita state spending doubles in one decade – for what?

By Edward Ring

06/16/2022

The California State Legislature has just released the “Floor Report of the 2022-2023 Budget,” and it’s a doozy. Representing an agreement between the budget committees of the Assembly and the Senate, and building on Governor Newsom’s proposal, this $300 billion monstrosity has moved one step closer to becoming final. To fully appreciate how out of...

TAGS: budget, California state budget, Edward Ring, state budget

Newsom’s 2020-21 Budget – A big pie but empty calories

By Edward Ring

01/15/2020

Governor Newsom has unveiled his budget proposal for the fiscal year 2020-21, and it comes in at a whopping $222 billion. That’s up from $209 billion last year, and sharply up from a few years ago. Backing up a decade, the 2010-11 budget totaled $130 billion. What on earth could justify a 70 percent increase...

TAGS: debt, Gavin Newsom, state budget, unfunded liabilities

California Dystopia Update: The January 2020 edition

By Chris Reed

01/14/2020

On Friday, Gov. Gavin Newsom presented a 2020-21 state budget that includes more money for K-12 public schools than ever before. But even as metrics-driven education reforms over the past quarter-century have paid major dividends in both union states (Massachusetts, New Jersey) and non-union states (Florida, Texas), California lawmakers have never seriously considered trying to...

TAGS: Chris Reed, Gavin Newsom, homelessness, pensions, Sacramento, schools, state budget, Unions

Single-payer bill could bankrupt California

By Marc Joffe

06/05/2017

The state Senate’s vote to pass Ricardo Lara’s single-payer healthcare bill last week was a singular act of fiscal malpractice. By failing to control costs and access to the program – and by leaving unanswered how or whether federal funds could be leveraged – Lara’s Healthy California Act amounts to a blank check for hospitals,...

TAGS: single-payer, state budget

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