Posts Tagged: budget

News

Stem cell ‘magical miracles’ possible — but at a hefty price

An illustration of DNA being injected into a stem cell. (Image: Spectral-Design, via Shutterstock)

The folks in Orange Cove in California’s agriculturally rich Central Valley care about the cost of health care. It is part of their struggle each day as they try to live on $27,000 a year, the lowest median household income of any town in the Golden State. Over in Oakland at the headquarters of the $12 billion state stem cell agency, the folks there are also worried about the cost of health care, particularly cell and gene therapies that may well cost upwards of $2 million. 

Opinion

Greater transparency crucial for sound state budgeting

The California state Capitol in Sacramento. (Photo: Steven Frame)

OPINION: Nearly two months into the new fiscal year. Four budget bills and approximately 50 budget-related policy bills later, Californians continue to wait for solutions to our state’s most pressing crisis — drought, water storage, and wildfire mitigation. Meaningful reforms to fix state agencies like EDD, or the replenishment of the $7.8 billion borrowed from the state’s Rainy Day Fund last year have not yet been addressed.

Opinion

California takes lead in fight against Alzheimer’s

The young hands of a caregiver surround the hands of an elderly patient. (Photo: Ocskay Mark, via Shutterstock)

OPINION: Everywhere you turn these days we’re being told that government doesn’t work, that our democracy is too polarized to deliver for everyday people. The budget Gov. Newsom recently signed tells a different story. It will help turbocharge our recovery from COVID-19 and make a historic commitment on another urgent public health crisis: Alzheimer’s.

News

Lawmakers okay $2.7 billion for zero-emission vehicles

An electric vehicle getting power at a street charging station. (Photo: guteksk7, via Shuttertstock)

California lawmakers have approved a dramatic expansion of the state’s commitments to all-electric vehicles, with the goal of ultimately increasing the number of electric and zero-emission cars on the road. The $2.7 billion piece of the 2021-22 state budget was sent to the Gov. Gavin Newsom’s desk on June 28. Newsom has not yet acted on it.

Analysis

Some surprises in the handling of this year’s budget

California 's state Capitol in Sacramento. (Photo: Steven Frame, via Shutterstock)

ANALYSIS: For someone who is interested in the activities of the California Legislature and tracks the budget closely, the last two legislative sessions have brought some interesting developments, as well as a recognition of the tremendous work that legislators, staff, and the governor’s administration put into crafting the state’s spending plan each year.

News

Newsom seeks major funding for low-income mothers, their babies

Illustration of a pregnant woman. (Image: Tanya Antusenok,via Shutterstock)

Amid a pandemic that has pushed millions of mothers out of the workplace, caused fertility rates to plunge and heightened the risk of death for pregnant women, California Gov. Gavin Newsom and Democratic lawmakers are seeking a slate of health proposals for low-income families and children. Newsom, a self-described feminist and the father of four young children, has long advocated family-friendly health and economic policies.

News

California tax revenue ‘windfall’ now uncertain

The state Capitol in Sacramento, the seat of California government. (Photo: Always Wanderlust, via Shutterstock)

That $26 billion dollar “windfall” that California lawmakers learned about last month may not withstand a second round of economy-squelching lockdowns, and the risk of losing what little leverage they have is a top concern for state budget writers.

Opinion

Bills for recycle program well intentioned, but fall short

Recycle bins behind a supermarket in Scotts Valley, Calif. (Photo: Michael Barajas, via Shutterstock)

OPINION: Every year during the end-of-session debates in the Legislature, bills that had previously stalled suddenly get new life. Sometimes, it’s the result of a grand bargain struck to advance long-held policy objectives. Other times, it’s the result of public pressure created by an emerging crisis. 

News

Amid pandemic, hospitals face financial peril

A pushes a gurney stretcher along a hospital corridor. (Photo: Spotmatik Ltd, via Shutterstock)

California’s hospitals are experiencing unprecedented financial stress due to the COVID-19 pandemic, with net losses projected to hit $14.6 billion by the end of 2020. The losses are “way above anything anyone could have anticipated… the costs have been nothing like we have ever seen before,” said Jan Emerson-Shea, a spokeswoman for the California Hospital Association, which represents about 400 hospitals, large and small.

News

Newsom: Politics, policy and the pandemic

Gov. Gavin Newsom at last year's Gay Rights Day parade in San Francisco. (Photo: Sheila Fitzgerald, via Shutterstock)

Gov. Gavin Newsom has been riding a high tide of approval from Californians for his handling of the COVID-19 pandemic, but he could be heading for stormy weather. California’s tax revenues are projected to decline more than 22 percent and the state estimates that unemployment for the year will hit  18 percent.

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