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May Budget Revise Focuses on Use of Record Surplus

The strong economic performance by key California industry sectors and entrepreneurs was reflected last week in the upward revision of the state’s general revenues...

Governor’s $20 Billion Plan Aims to Transform Public Schools into ‘Gateways of Opportunity’

Governor Gavin Newsom announced a plan on May 12 to boost spending on California public schools by $20 billion, including creating universal pre-kindergarten and...

Voters Putting Brakes on New Taxes, Bonds

After several election cycles opening their wallets, Californians used the March 3 ballot to express skepticism of new tax and bond measures. Perhaps the biggest...

Overview of March Ballot Measure

Following is a brief summary of the measure that will appear on the March 3 Primary Election ballot. The reasons for the California Chamber...

CalChamber Board Backs School Bond, Opposes Split Roll Ballot Measure

The California Chamber of Commerce Board of Directors recently voted to support a ballot measure that would help finance school facilities, and oppose another...

Strong California Economy Will Allow Next Governor to Address These Issues

The top priorities for California’s next governor ought to reflect what is on the minds of Californians. With our diverse population, geography and business community,...
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CalChamber-Backed Bills Part of Budget Package

Governor Edmund G. Brown Jr. this week signed his final budget, a package that includes three California Chamber of Commerce-supported budget trailer bills which...
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Governor’s Revised Budget Plan Saves Money for Rainy Day; No New Taxes

Last week, Governor Edmund G. Brown Jr. released a revised version of his state budget proposal for 2018–19. The Governor’s final budget continues to...
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Governor Calls for Fiscal Prudence with Budget Plan

Governor Edmund G. Brown Jr. this week proposed the final budget of his gubernatorial career, proposing to spend a record $190 billion without raising...
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Final Budget Agreement Keeps Lid on New Spending

The Governor and legislative leaders announced on Tuesday, June 13 that they had reached an agreement on a $125 billion budget for the 2017–18...

Governor’s May Budget Revise Continues to Hold Line on Spending

Last week, Governor Edmund G. Brown Jr. released a revised budget plan for 2017–18 that continues to restrain new spending. The Governor warned that...
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Governor’s Prudent Budget Adds to Rainy Day Fund

Governor Edmund G. Brown Jr, this week proposed a prudent and balanced state budget for 2017–18 that eliminates a projected $2 billion deficit and...
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Finance Director Recaps Budget for CalChamber

Managing state finances with a long-term view is a guiding principle for the Governor’s budget proposal for 2016–17, California Finance Director Michael Cohen told...
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Governor Urges Restraint in Proposed Fiscal Plan

Emphasizing his commitment to fiscal prudence, Governor Edmund G. Brown Jr. this week proposed a $171 billion state balanced budget with no new general...