News

NEWS: 60 more firms move jobs, work out of California

SSuttie — Fri, 17 Jun 2011 13:12:15 -0700

The Orange County Register reports that the pace of companies moving partly or completely out of California has accelerated in 2011, with 60 more California companies moving jobs, work and/or headquarters out of state in the last two months.

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NEWS: California Democrats pass budget with taxes, cuts and tricks

SSuttie — Thu, 16 Jun 2011 13:28:10 -0700

The Los Angeles Times reports that Democratic lawmakers passed a rare on-time state budget Wednesday over Republican objections, but the plan — balanced with a blend of taxes, cuts and clever accounting — faces an uncertain fate at the hands of Governor Jerry Brown.

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OPINION: Chris Reed: 'Pension Truth Squad' is short on truth and long on delusions

SSuttie — Sun, 12 Jun 2011 22:17:12 -0700

Chris Reed of San Diego Union-Tribune blasts the "Pension Truth Squad" over claims that California's pension crisis is over exaggerated and their current push to pass AB 506, which would block local governments from filing for bankruptcy protection, without the approval of the state Debt and Investment Advisory Commission.

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NEWS: California Democrats set stage for budget fight

SSuttie — Thu, 09 Jun 2011 12:58:49 -0700

Mercury News reports that legislative Democrats sent revised budget plans to both houses Wednesday night that would restore nearly $1 billion in spending and that seek a yearlong extension on taxes that could jeopardize any opportunity for an on-time deal.

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OPINION: The Renewable Energy Myth

SSuttie — Tue, 07 Jun 2011 13:05:36 -0700

Robert Emery of the Energy Tribune explains the inefficiencies of renewable energy and the lack of significant impact technologies like wind and solar will have on our country's dependence on oil.

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NEWS: $100,000 pension club of public retirees in California is booming

SSuttie — Wed, 01 Jun 2011 12:29:04 -0700

Almost 9,000 retirees in the California Public Employees' Retirement System receive at least $100,000 in annual benefits, more than quadruple the number getting that much during 2005, according to a Sacramento Bee review of CalPERS data.

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OPINION: Crazifornia: Despite revenue surge, Brown sticks to tax hikes

SSuttie — Tue, 17 May 2011 13:33:22 -0700

Governor Brown is still pushing for a revised budget that requires approval of several unpopular tax extensions, despite the State reporting $6.6 billion more in tax receipts than anticipated. Meanwhile, State Republicans have submitted a “no tax” budget that was balanced by using the increased revenue plus cuts, according to Laer Pearce of The Daily Caller.

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NEWS: Gov. Jerry Brown not giving up on tax hikes to help California budget

SSuttie — Mon, 16 May 2011 04:46:59 -0700

The Los Angeles Times reports that after failing to win enough Republican votes to put the taxes on the ballot in June, Governor Brown is expected to ask lawmakers to impose at least some of the levies first and seek Californians' blessing after the fact.

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OPINION: Dan Walters: Good news isn’t good for Dems

mwhite — Tue, 10 May 2011 16:39:27 -0700

As Dan Walters of the Sacramento Bee reveals, the state’s revenue seems to be increasing due to current revenues being billions of dollars ahead of projections. This could be bad news for the Legislature’s Democrats as this will make for a more difficult plea for the temporary five-year extension on sales, income and car taxes.

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NEWS: California Democratic leaders say party must put pressure on Republican districts

SSuttie — Tue, 03 May 2011 00:58:12 -0700

The Los Angeles Times reports as the State Legislature remains gridlocked over resolving the budget deficit, California Democrats have resolved to "create a mountain of pressure on Republicans by going into their districts and engaging their voters" in order to accomplish their agenda.

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