From Pacific Research Institute <[email protected]>
Subject Read the latest on CA's budget difficulties amid the May Revision
Date May 10, 2024 5:59 PM
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May Revise Preview: Sacramento Should Learn Lessons
Spending Watch | May 10, 2024 | Wayne Winegarden

Governor Newsom is finalizing the May Revision for his 2024-25 budget plan this week. As he does, the parallels between California’s 2009 budget crisis and today’s budget difficulties are too compelling to ignore. Sacramento policymakers should heed the lessons of a now-largely-forgotten budget crisis from 15 years ago to avoid having history repeat itself.

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BART pushes to raise taxes to subsidize falling ridership
Free Cities Center | Steven Greenhut | May 7, 2024

BART will soon burn through its $1.9-billion emergency state subsidy, so the Metropolitan Transportation Commission, which oversees 27 Bay Area transit agencies including BART, is sponsoring Senate Bill 1031 ([link removed]) by Sens. Scott Wiener, D-San Francisco, and Aisha Wahab, D-Hayward, that would allow MTC to place a $750-million measure on the ballot as soon as 2026 to increase sales, payroll and parcel taxes or through a vehicle-registration fee hike.

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Girding For The Cost Of A Grid Upgrade
Right by the Bay | Kerry Jackson | May 9, 2024

Unless California changes its wicked energy transition ways, there will be a 21.1% electricity deficit ([link removed]) by 2045 caused by the state’s electric vehicle mandate.

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You are invited to attend the:

Luncheon and Book Signing with Batya Ungar-Sargon

Tuesday, May 14, 2024
12PM

Palio Trattoria Italiana
640 Sacramento Street
San Francisco, CA

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You are invited to attend:

A PRI Napa Valley Dinner with Victor Davis Hanson

Tuesday, June 25, 2024
5PM

The Meritage Resort & Spa
875 Bordeaux Way
Napa, CA

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