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Baby Bipartisan Budget Steps
Lawmakers took a few bipartisan budgetary baby steps June 25, as the Assembly approved bills that cut money for schools and universities this year by $3 billion, defer state payments to them of more than $3 billion and allow $350 million in redevelopment agency funds to be redirected to schools.
The measures reduce the state’s payment obligations in the near term but do not close the estimated $24 billion gap between revenue and spending commitments in the budget for the fiscal year beginning July 1.    Read more »
Sorry UC Merced Graduates — It Never Happened
On June 23, the Los Angeles Times ran a story headlined: “Michelle Obama Launches Volunteer Initiative in San Francisco.”
The first paragraph of the story says this:
“On her first visit to California as first lady, Michelle Obama on Monday helped volunteers construct a school playground here on a site that has been barren for years.”    Read more »
Free Political Advice — Worth Every Penny
Examining the Senate’s budgetary actions of June 24 from a political rather than a policy perspective, the majority party Democrats may not have achieved their objectives.
The measure brought up for consideration in the morning by the 40-member upper house would reduce state spending by roughly $11 billion as part of a budget-balancing plan offered by Democrats to close an estimated $24 billion shortfall for the fiscal year beginning July 1.    Read more »
Assembly Democratic Leadership Taking No Chances on Budget Vote
Although a vote has yet to occur on a package of bills aimed at balancing the budget for the fiscal year beginning July 1, Assembly Speaker Karen Bass is taking no chances members of her caucus will be off-message.
Each Assembly Democrat received an e-mail June 23 which had the following Budget Talking Points attached:
BUDGET TALKING POINTS FOR JUNE 24, 2009
A Father’s Day Missive from Diane DeVore, Wife of Assemblyman Chuck DeVore
Subject: My Father’s Day Wish for Chuck
When Chuck and I married 21 years ago, we knew our life together would be intense. When we met, Chuck was working for Ronald Reagan as a civilian appointee in the Pentagon and was an officer in the Army Reserve. We understood Chuck’s passion for public service would lead to times of personal sacrifice.    Read more »
Yet Another Campaign Message from Tom Campbell
Dear Friend,
You might have seen the following piece that appeared on the front page of the San Jose Mercury-News over the weekend.
The article goes beyond the campaign hype to outline a path to victory in the GOP primary. It notes that I’m leading according to the latest independent survey of the race.    Read more »
Guest Post: A Few Good Men (And a Woman)
By Gus TurdlockGovernor Schwarzenegger: Senator, Madam Speaker, we live in a world that has budgets and those budgets need to be written by men and women with computers. Who’s gonna do it? You? You, Speaker Bass? I have a greater responsibility than you can possibly fathom. You weep for school kids, people in walkers and loons running around town talking to clouds while criticizing Republican ideals.    Read more »
A Quick Look at the Tax Proposals in the Democratic Budget Plan
While much of the attention about taxes in the budget-balancing plan presented by Democrats on June 18 has focused on creation of an oil severance tax and boosting the tax on a pack of cigarettes to $1.50, there are 11 other tax increases, accelerations and changes.
The biggest – compared to the estimated $1.1 billion the severance tax will yield and the $1 billion the cigarette tax generates – is a repeal of actions taken in the February budget that would allow businesses to use net operating losses that occur after January 2011 to offset earnings during 2009 and 2010, the two-year period the February budget suspends use of the net operating loss tax break.    Read more »
Something’s Up — Starting With June Corporate Tax Collections
In at least one bit of budgetary good news, the Franchise Tax Board reports receiving nearly $4.4 billion in corporate taxes — roughly $1.2 billion more than the almost $3.2 billion budget writers predicted.
According to the state Department of Finance, $660 million of that $1.2 billion increase was sent to banks in May and transfered to the state this month for a net June increase of $540 million.    Read more »
A Campaign Message from Tom Campbell
Dear Friend,
Could I ask for a quick moment of your time?
My success in this next year will depend first and foremost on the number of Californians we can actively engage in this campaign to better our state.
I would like 100,000 people involved in my campaign by election day.    Read more »
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