Posts Tagged: affordability

Opinion

SB 598 threatens California small businesses with higher health care costs

Stethoscope and calculator, image by Michail Petrov

OPINION – Rising inflation has led to soaring healthcare costs for businesses. Compounding these challenges is SB 598, a bill currently under consideration in the California Legislature that, if enacted, it would further burden businesses, especially small businesses, with additional costs while introducing low-value care into the state’s healthcare system, harming patients across California.

News

Stem cell agency: Following the money — and its performance

A research scientist examines a capsule with a DNA double helix. (Photo: Dan Race, via Shutterstock)

One year ago this month, a $5.5 billion wave washed over California’s ambitious stem cell agency and left it refreshed and renewed for another decade or so of searching for “miraculous” treatments for a host of deadly, incurable afflictions. It is now on a pace to hand out $38,000 an hour, 24 hours a day, seven days a week.  That would amount to $519 million in awards between this time last year and the end of the agency’s current fiscal year in June.

Opinion

It’s time to overhaul and update the Cal Grant system

Graduation ceremonies, pre-pandemic, at Santa Monica City College. (Photo: Joseph Sohm, via Shutterstock)

OPINION: The COVID-19 pandemic has taught us the hard way that too many Californians face barriers to opportunity. As California looks to recover, it’s time to reexamine our old institutions and programs to determine if they meet today’s needs and serve residents as intended. One such program in need of reform is the Cal Grant system.

News

Stem cell agency, now flush with $5.5 billion, turns new page

Stem cell research using what's known as a PCR strip. (Image: Science Photo via Shutterstock)

California’s ambitious stem cell agency has launched itself on a new, $5.5 billion journey, approving a plan to hand out $182 million to researchers by the middle of next year and beefing up its efforts to bring equality to therapies and scientific labs.

News

An early-voting survey of the ballot propositions

A voter drops off his ballot. (Image: vepar5, via Shutterstock)

Capitol Weekly’s tracking poll of by-mail voters has been running since Oct. 13 and reflects the ballooning numbers of early returns. This electorate, as reported in a prior CA120 article, overwhelmingly leans Democratic, with a significant number of likely Republican voters still expected to turn out on Election Day. As a result, the findings on ballot measures explored in this initial report skew to the left.  For experienced poll watchers, this is the opposite of the early exit polling that often skews Republican.

News

Amid crisis, voters will confront housing options

Housing construction at a new California neighborhood.(Photo: Marilyn Volan)

As California rents and property values continue to rise, it should come as no surprise that three housing-related measures will face voters on the November ballot, targeting veterans’ home loans, local rent control and housing construction for the homeless. Statewide, the average rent on a one-bedroom apartment is about $1,400, and a home costs $440,000 — far more than double the national average of $180,000.

Opinion

Memo to Brown: Affordable housing is a life and death matter

A family housing illustration by arka38, via Shutterrstock

OPINION: The same day Governor Jerry Brown delivered his proposed state budget, Barbara Brown died of exposure on a skid row street during an El Niño storm. More than the coincidence of a common last name links the two. As a literal storm killed this unfortunate woman, Gov. Brown once again ignored California’s worsening housing crisis, instead calling on the state to squirrel away $2 billion on top of required state reserves in order to save for an economic “rainy day.”

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