Tag: Legislative Analyst’s Office
Legislative Analyst Warns California Can’t Afford Gov. Newsom’s 2023-24 Budget
The Legislative Analyst’s Office (LAO), the California Legislature’s nonpartisan fiscal and policy advisor, announced on Tuesday that the state would unlikely be able to afford the May revisions to the 2023-2024 budget as proposed by Governor Gavin Newsom, and that...
California Did NOT Default on its Federal Unemployment Debt
While Governor Newsom and the legislature’s decision to foist the re-payment of a federal debt caused by the laughably destructive EDD onto the backs of California businesses remains unconscionable, recent reports that the state is “defaulting” on the debt are...
Calif. Legislative Analyst ‘Calls Bull’ on Newsom Budget Projections
Last week, California Governor Gavin Newsom presented a $297 billion 2023-2024 budget plan on Tuesday, with a projected deficit of $22.5 billion. He shaved $3 billion off his last budget, in the face of a recession, and the $22.5 billion...
Commission on State Mandates Reports to the California Legislature
Article 3 of Chapter 4 of Part 7 of Division 4 of Title 2 of the California Government Code concerns reports to the Legislature by the Commission on State Mandates (CSM). Government Code Section 17600 requires, at least twice each...
California Facing $25 Billion Budget Shortfall Next Year
A Legislative Analyst’s Office report released on Wednesday found that California revenue is $41 billion below expectations, likely resulting in a massive $25 billion shortfall in the upcoming 2023-2024 state budget. The LAO recommends lawmakers start cutting the budget when...
Biden Energy Secretary Granholm to Visit So Cal to Tour Electric Truck Dealership During Heat Wave
Thursday and Friday U.S. Secretary of Energy Jennifer M. Granholm will travel to Southern California to tour the site of one of the first electrified truck dealerships in America. Secretary Granholm just happens to be visiting California during such an “extreme...