Complete the Rainy Day Fund Deal
I’ve long been a supporter of a strong rainy day fund to help get California off its roller coaster budget ride – surpluses in good times, deficits in bad economies. In recent history, the rainy day fund proposal itself has also had its ups and downs. In 2009, I was on the Yes side of […]
How About a Clean Rainy Day Fund?
Gov. Brown and other advocates of a rainy day fund explain the concept as though it were simple. Put aside money in good times for a rainy day. Then why don’t they just propose a rainy day fund? By that I mean: why don’t they propose a rainy day fund that’s just a rainy day […]
Essential Elements for a Water Bond
In both houses of the California Legislature, multiple versions of a new water bond are being amended and debated to make the June deadline for replacing the $11.1 billion bond now slated for the November election. Originally intended for the November 2010 ballot, the bond has been twice delayed due to concerns it would not […]
GOP Must Say “Grow” Instead of “No”
Illinois, Nevada and Rhode Island: those are the only states in the entire U.S. that have higher unemployment rates than California. What’s gone wrong? While policies set in Sacramento obviously affect our state’s economic climate, much of our foundation is set in Washington, D.C. And, as former Under Secretary of State Jim Glassman explains in […]