From Pacific Research Institute <[email protected]>
Subject Read how Newsom's May Revise sets CA up for tax increases
Date May 17, 2024 9:59 PM
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May Revise sets up California for painful spending choices and tax increases
OC Register | May 10, 2024 | Wayne Winegarden

Giving credit where it is due, Gov. Newsom’s “May Revise” budget proposal recognizes the seriousness of the situation. He proposes real cuts, opposes tax increases, and suggests some efficiency improvements – which are all positive steps.

Unfortunately, the proposal still relies on too many budget gimmicks and fund shifts.

Read here . . . ([link removed])
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Prop 12: Implementation aftereffects are just now becoming apparent
Right by the Bay | Pam Lewison | May 15, 2024

The implementation of California’s Proposition 12 has significantly increased the cost of pork in the state. The law has also left producers throughout the United States debating the benefits of retrofitting their animal pens.

Read more... ([link removed])

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Newsom's May Revised Budget
PRI Next Round | Wayne Winegarden | May 13, 2024

California is in a deep budget deficit. In the May Revised budget, Gov. Newsom’s makes real cuts and suggests some efficiency improvements but are they enough? PRI senior fellow in business and economics Wayne Winegarden unpacks the governor’s plan. The proposal still relies on too many budget gimmicks and fund shifts, and underestimates the severity of the current budget shortfall.

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