California budget deficit Archives

What Else California Could Have Done With the High-Speed Rail Funds

July 25, 2022 2:50 amJuly 24, 2022 7:39 pm

First things first, let’s set some parameters for this article. One – California’s High Speed Rail network is not going to be built. At this point, that’s a given. Two – Even it were to be built and managed to hit...

California’s Electric High Speed Rail: No Power, No Money, No ‘High Speed’

July 22, 2022 2:50 amJuly 23, 2022 4:54 pm

“If it is built, California’s High-Speed Rail would be the largest public works project in state history. That fact alone appears be intoxicating to state officials, in a perpetual quest to have California be the first state to do anything,”...

Gov. Newsom’s State Surplus Found To Be Only $38 Billion In New LAO Report

May 19, 2021 11:33 am

Earlier this week, the California Legislative Analyst’s Office, a non-partisan group within the California state government, found that the state budget surplus is only around $38 billion – half of the $76 billion that Governor Newsom touted in his recent...

Film, TV Productions Increase In California Due To More Film Tax Credits

November 18, 2020 5:34 pm

On Wednesday, the California Film Commission announced that several TV shows would be moving production to Southern California following $32.5 million in tax being given to them by the state’s film tax credit program. The moves of the Amazon series...