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Revenue Boost Calls Into Question Motivation for New Taxes

In Episode 23 of The Workplace, CalChamber President and CEO Allan Zaremberg discusses California’s revenue surge and continued calls for new taxes with longtime...

Robust Budget, Key Programs Rely on Private Sector Success

Taxes continue to pour into the state treasury, like spring snowmelt into Lake Oroville. Thanks to the engine of California’s private economy—the creativity of...

Governor, CalChamber Chair Stress Infrastructure Needs

The need for California to invest in infrastructure to continue advancing was a recurring theme in remarks by Governor Edmund G. Brown Jr. and...

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...

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...

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...

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...

May Budget Revision: Amid Declining Revenue Growth, Governor Holds Spending Line, Makes Saving a...

On May 13, Governor Edmund G. Brown Jr. released his May Revision to the California state budget. In addition to the budget numbers, graphs...

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...

Californians Show Grit, Imagination in Hard Times

The ability of Californians to respond to challenges with imagination and innovation was a recurring theme in remarks at the 90th Annual Sacramento Host...

Legislative Analyst Projects More Revenue; Echoes Governor’s Call for Fiscal Restraint

The nonpartisan Legislative Analyst’s Office (LAO) this week released revenue projections a few billion dollars higher than estimated in the Governor’s budget plan, but...

Governor Holds Steady on Prudent Spending Plan

Warning that a recession is inevitable, Governor Edmund G. Brown Jr. dampened spending expectations even as higher revenues have poured into state coffers. Overall, the...

Voters, CalChamber Agree: Support Water Supply/Storage, Rainy Day Fund

California voters this week overwhelmingly passed California Chamber of Commerce-supported Proposition 1, the water bond, and Proposition 2, the rainy day reserve measure. CalChamber President...

Video Highlights Reasons to Support Propositions 1 and 2

The California Chamber of Commerce is joining Governor Edmund G. Brown Jr. in supporting Propositions 1 and 2 on the November ballot. These measures...

Yes on Proposition 2 to Prevent Boom-and-Bust California Budgets

Benjamin Franklin said the only two certainties in life are death and taxes. In California, add two more: drought and boom-and-bust tax revenues. What...

CalChamber Supports Propositions 1 and 2

Yes to Water Supply/Storage, Rainy Day Reserve The California Chamber of Commerce is supporting Proposition 1 and Proposition 2 on the November general election ballot. Proposition...