The New York Times headline reads: "New Consensus Sees Stimulus Package as Worthy Step." One then reads in the article:
While some conservatives remain as skeptical as ever that big increases in government spending give the economy a jolt that is worth the cost, Martin Feldstein, [...]
As criticism rages this week over whether the Obama administration overstated the number of jobs created by economic stimulus spending, California officials issued a memo Friday giving state...
While I’m up in San Francisco spending Thanksgiving with the most important person in the state, I’ll be organizing a brunch for our readers next Saturday, November 28. Given that reader Leah will also be in the Bay Area and wants to see the Asian Art Museum (one of [...]
Have we heard this before? Gov. Arnold Schwarzenegger - the enabler of last January’s historic tax increase - says now he is opposed to tax increases to close the state’s (latest) budget deficit.
Memo to the governor: Where was that conviction a few months ago?
City eyes state lawsuit to save money - Placer Herald
A new lawsuit is giving the city of Rocklin more confidence that it will be able to hold on to redevelopment money the state planned to raid with this summer’s budget compromise.
Police ring in new automated [...]
We've seen taxes on death, luxury and sin, and now the Senate is poised to impose one on vanity. To help cover the cost of health insurance subsidies for the working class, the bill cobbled together by [...]
Just a few minutes ago, at the University of California Board of Regents meeting being held today at UCLA, the board formally approved a 32% fee hike for students in the UC System. The Regents claim they have no other choice because the state is facing huge budget shortfalls next [...]
Occasionally we get good news from the state’s capital and today is one of those days. Gov. Arnold Schwarzenegger says he won’t run for another political office.
We can all breath a sigh of relief. The Terminator has presided over arguably the largest increase in state taxes in history, the [...]
So much for getting a break from the state budget.
On this week's Capital Notes Podcast, we take a look at this week's prediction of a $20.7 billion budget gap and what that means for lawmakers once they return to Sacramento.
Capitol Weekly's Anthony York and I also discuss the staffing changes [...]
Council takes step toward smoke-free parks - The Union of Grass Valley
Nevada City Council members asked city staff at their Wednesday meeting to draft an ordinance to ban smoking on city property, including parks and trails.
Rate hike, hiring freeze eyed for water board budget solutions [...]
Majority leader Harry Reid and Senate Democrats unveil health bill.
The long-awaited Democratic health bill that Majority Leader Harry Reid will bring to the Senate floor was unveiled tonight after the Congressional Budget Office estimated that the bill [...]
We’ve noted repeatedly that one of the budgetary fallacies in Sacramento that’s repeated year-in, year-out is the unrealistic, ever-too-optimistic projection of how much of your money they will be raking in. They don’t seem to learn this lesson. Every year they project the budget will be just peachy because they [...]
We noted a while back that the state’s fiscal smoke-and-mirrors and faux fixes would bring us another $20 billion budget deficit in the coming year. We were wrong. The Legislative Analyst’s Office says it’ll be closer to $21 billion. Read it and weep here.
We’re shocked. Not really.
RELATED POSTS:
[...]The headline, rushed online yesterday by news outlets looking for a scoop, makes it clear the state's budget woes aren't getting better. Maybe even worse.
But deeper inside the new in-depth analysis of the Legislative Analyst's Office are examples of a government budget system that's evaporating faster than the polar' [...]
The nonpartisan and highly respected Legislative Analyst’s Office released a report this morning projecting that the state Legislature will have to address a new $21 billion budget deficit by the start of the new fiscal year on July 1, 2010.
This comes, of course, after a brutal year of budget [...]
Less than four months after California leaders stitched together a patchwork budget, a projected deficit of nearly $21 billion already looms, according to a report to be released Wednesday by the state's' [...]
" District Attorney Steve Cooley and City Attorney Carmen Trutanich, are not going to Pot"Its 8:15 AM and Medical Marijuana is all over the radio air waves.Just finish listening to KFI's Newsman Eric Leonard, debrief Talk Show Host Bill Handel on the latest, regarding the Los' [...] California could be facing a $20.7 billion budget deficit next year, according to sources familiar with a report to be released Wednesday morning by the Legislative Analyst's Office.
The number is...Because it takes a two-thirds majority of the legislature to raise taxes in California, the lawmakers and the governor last summer came up with something called “an involuntary tax-free loan” from you and me to the State. That did not require a two-thirds majority.
All of us who get paychecks now [...]
It’s almost 2010 and we are deep in the age of technology, but how is this affecting the California political scene? Sure, you can watch Obama on streaming video and you can find raw data on stimulus spending, but where is the governator posting his videos? And [...]
From Cheech and Chong's "Up in Smoke", "That doobie should cure my cancer for good".They came by the hundreds to witness government in action from behind the horseshoe on Spring Street.What brought out this crowd to witness 15 highly paid politicians in action? Budget cuts?' [...] In the blogosphere, there are some subjects that are going to keep coming up, so BNN makes it easy to keep on top of them. Each Topic Tracker has its own handy page you can favorite or immediately below, there are two ways BNN can bring the information to you. With a standard RSS feed or by email on your schedule, a daily summary in the morning or hourly, only when there are fresh posts on the subject. If you want us to add to our list of Trackers, simply email your state's editor, let us know why you think the subject is particularly important and we'll act on it as soon as we can.
