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Articles Tagged: "State Budget"

State Budget

OPINION: California budget “surplus”? …Nope, not so much.

Erika Johnsen, writing for HotAir.org explains how the budget "surplus" Governor Brown has prided himself on is nothing more than accounting gimmickry.

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Filed Under: News

OPINION: California High Taxes & So-Called Balanced Budget!

KMPH 26 News quotes HJTA's own Jon Coupal to explain how California's current system of taxation and overregulation is making its economic situation worse. As Coupal is quoted saying, "California will never grow out of this recovery, unless we have a vibrant economic recovery. He says that will not happen unless we change the way we do business."

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Filed Under: News

NEW: California Bond Rally Faltering Amid Frugality Doubts

Bloomberg News reports a rally that drove California’s relative borrowing costs to a five-year low is faltering as investors speculate lawmakers will squander budget surpluses with the state entering an election year.

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Filed Under: News

NEWS: California will spend $232.9 billion in new state budget

Writing for the San Luis Obispo Tribune, Dan Walters reports California will spend $232.9 billion during the 2013-14 fiscal year, if the recently signed budget is followed precisely, according to a report by the Legislature's budget analyst, Mac Taylor.

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Filed Under: News

NEWS: Study: State's pension debt spiked since February

Sacramento Business Journal reports California Common Sense, a nonprofit and nonpartisan watchdog group, recently released a study pointing out that despite glowing reviews for Brown’s 2013-2014 budget — which predicts a $1.7 billion general fund surplus — the state’s unfunded retirement liability has increased 5 percent since February.

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