Tag Archive for Budget deal

California Assembly Approves Plan to Close Budget Deficit

“This budget means hundreds of thousands of teachers, cops, firefighters, child care providers, health care workers and private business owners will keep working and contributing to our economic recovery,” Pérez said. “We maintain education funding because a well-educated workforce is essential to California’s future prosperity. We set aside $30 million to help small businesses grow and thrive by freeing up access to the capital that will help them expand and hire new employees. We protect public safety and we reject economically hurtful tax increases on California’s working families.”

State Legislative Leaders Announce Reform Package

Maybe something good is happening in Sacramento. Well, it is possible. Stranger things have happened; this is, after all, California. Much of this is what people have been asking for. Much of it is common sense. Much of it is likely to stir up a hornet’s nest. It will be interesting to see how much…

Local Governments Slapped Hard By CA Budget Deal

This just went up on the PublicCEO blog: Budget Deal Condemned by Cities and Counties Almost as soon as a deal to close the state’s $25 billion shortfall was announced Monday evening, a call went out from local government to vote against the proposal when it comes to the Senate and Assembly floor on Thursday.…

No Budget, IOUs, Home for the Holiday Weekend

From the Orange County Register’s Jennifer Muir and Brian Joseph: SACRAMENTO – Lawmakers headed home Thursday without a budget deal, as the state controller’s office began printing tens of thousands of IOUs, leaving vendors, municipal governments and students who receive financial aid bracing for the worst.  Action on the budget appears to be stalled until Monday,…

We Have A Budget

For what it’s worth, the hostage crisis in Sacramento is over. While there is certainly some Republican blood on the floors of both legislative houses, no one died. I’m still waiting on some more detailed analysis of the budget provisions adopted early this morning at 6:30 AM, it appears that the gas tax increase has been…