President, Contra Costa Taxpayers Association. Visiting Fellow, California Policy Center. Formerly: Cato, Reason Foundation, Moody's. Posts are my own opinions.
Unions have ordered their employees in the California State Legislature to undermine modest Brown-era limits on pension payouts.
If passed, this bill will drive some California local governments toward bankruptcy.
When illegal aliens visit the emergency room in California, hospitals often bill Medi-Cal. The feds have been picking up 90% of the bill in many cases. Under the Senate's BBB, the Fed share will be capped at 50% from late 2026, causing a new budget headache for Newsom.
The fact that China could achieve spreads within 1-3 bp of US Treasuries indicates that the market is rejecting Western rating agency assessments. Moody's rates the US at Aaa and China at A1 which is four notches lower.
Why do San Francisco homeowners need to hire "permit expediters" to get approvals from the City? The mere existence of a permit expediting industry is illustrative of local government's corruption, incompetence, or both.
sfchronicle.com/sf/article/per…
There were no sirens in San Francisco during yesterday's tsunami because the city's siren system has been offline for five years. In 2019, it was taken down to conduct a $2.5 million cybersecurity upgrade but never restored. A case for @CA__DOGE.
Barbara Lee wants to implement a guaranteed income program for Oakland's homeless population. That'll guarantee more homeless people coming to Oakland.
Bring it on. If federal government unions actively oppose @DOGE's Return to Office policy, they will trigger a debate over whether they should even exist. Let's not forget that FDR opposed government unions and their dues come from our tax dollars.
580 SF city employees received total comp exceeding $400k last year. Did residents get the service level they should expect from such a highly compensated workforce?
I have a question. Why can't airlines just pay air traffic controllers themselves until Congress gets its act together? Would that be worse than dealing with the upcoming wave of flight cancellations?
It doesn't look like Rob Bonta will be our next governor. After CNBC interviewers roughed him up yesterday, @sfchronicle reporters are now tying him to Oakland corruption.