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Keyword: moonbeam

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  • California's budget problems linger while many other states shape up

    05/19/2012 11:20:36 AM PDT · by SmithL · 19 replies
    Sacramento Bee ^ | 5/19/12 | David Siders
    The pile-on was in full effect within hours of Gov. Jerry Brown's announcement this week that California's budget deficit had grown to $15.7 billion, with The Week giving its national audience a summary of the Golden State's financial affairs. "California's financial apocalypse," the magazine offered. "A concise guide." Fox News played the Red Hot Chili Peppers' "Californication," and host Greg Gutfeld proclaimed Brown captain of "the Titanic that is California, a state so broke it may ask Greece for a loan." On Friday, the Democratic governor slapped back on national TV. "This is not Europe," Brown told Charlie Rose on...
  • Gov. mistakenly says Facebook invented in Calif.

    05/18/2012 8:56:00 PM PDT · by SmithL · 9 replies
    AP via SFGate ^ | 5/18/12
    Apparently, California Gov. Jerry Brown forgot to rent "The Social Network." In an appearance Friday on "CBS This Morning," the California governor said his state is still the land of innovation and where Facebook was invented. He added: "Not in Texas, not in Arizona, not in Manhattan and certainly not, you know, under the White House or the Congress." . . .
  • This just in: Jerry Brown guessed wrong. Again. Tack another billion or so on that deficit.

    05/18/2012 1:16:23 PM PDT · by Mark Landsbaum · 7 replies
    We wrote for the weekend (see our column Sunday morning when it goes up here) that Gov. Jerry Brown is a bad guesser. The ink wasn’t even dry yet – in fact the Sunday paper hasn’t even been printed yet – and we learn that Brown guessed wrong again. Back in January Brown guessed that the state budget would be $9.2 billion in the red. Wrong. Monday Brown revised his estimate. Then he said it would be $15.7 billion in the red. Wrong. Today the independent Legislative Analyst affirmed that Jerry’s wrong again. It will be $17 billion plus some...
  • To Gov. Jerry Brown's dismay, pension board phases in state hike

    05/16/2012 4:09:55 PM PDT · by SmithL · 6 replies
    SacBee: Capitol Alert ^ | 5/16/12 | Kevin Yamamura
    Against Gov. Jerry Brown's wishes, the California Public Employees' Retirement System board voted today to phase in a higher cost to the state over two years rather than bill the state immediately in full. In a letter to the board, Brown called that "not a prudent decision." The disagreement was over the pace at which PERS is lowering its assumptions about future investment returns from 7.75 percent to 7.5 percent, called the discount rate. Such changes are intended to compensate for lower market returns. When the rate of return assumption goes down, governments must contribute more. The PERS board agreed...
  • Steinberg: Democrats seeking alternatives to some budget cuts {in the Golden State}

    05/16/2012 4:05:51 PM PDT · by SmithL · 6 replies
    SacBee: Capitol Alert ^ | 5/16/12 | Torey Van Oot
    Senate President Pro Tem Darrell Steinberg today repeated a pledge to look for budget solutions that would allow lawmakers to preserve some services targeted with steep cuts under Gov. Jerry Brown's revised budget plan. "I said on Monday, I'm not looking for a public fight here," the Sacramento Democrat said this morning. "We're looking to work collaboratively and yet not be afraid to have our differences or air our differences with the other stakeholders, the other parties, but come to a resolution where we can in fact buy out some of the worst cuts." The revised budget proposal released by...
  • Jerry Brown aims new budget at tax vote

    05/15/2012 8:29:04 AM PDT · by SmithL · 8 replies
    Sacramento Bee ^ | 5/15/12 | Dan Walters
    Just a few months ago, Gov. Jerry Brown chastised "declinists" and "dystopian journalists" for their pessimism about California, particularly about emerging from a deep recession. "Contrary to those critics who fantasize that California is a failed state, I see unspent potential and incredible opportunity," Brown told the Legislature in January, citing supposed signs of economic recovery. On Monday, however, Brown blamed a sluggish economy for revenues falling billions of dollars short of the rosy estimates in the budget he signed last June. "You can never get it quite right," Brown told reporters as he released a revised budget aimed at...
  • Optimistic projections led to dramatic surge in California budget deficit

    05/15/2012 8:25:08 AM PDT · by SmithL · 12 replies
    Sacramento Bee ^ | 5/15/12 | Kevin Yamamura
    Gov. Jerry Brown announced Monday that the state budget deficit had grown by a remarkable 70 percent since January, but fiscal experts said the economy had little to do with it. They instead blamed a bad marriage of volatile capital gains and political intransigence that led state leaders last year to count on a huge upswing in revenues that never materialized. At the same time, corporate tax changes from 2009 appear to have cost California more than state officials ever realized. The Democratic governor says the general fund deficit has mushroomed from $9.2 billion to $15.7 billion. Most of the...
  • FLASHBACK: 2011 Dems reject GOP plan to eliminate CA's $15.4 B deficit. Defict now $16 B

    05/14/2012 3:30:23 PM PDT · by cakid1 · 2 replies
    cbs47 ^ | 5-14-12 | cakid1
    FLASHBACK.. 2011 Democrats reject GOP plan to eliminate CA's $15.4 billion deficit without tax hike.... From 2011 ! Deficit is now $16 billion... For some in California its Déjà vu all over again. This week Governor Jerry Brown announced his ‘Honest’ budget from last year is now $16 billion in the red. Republicans did not support his plan. They offered their own plan to cut state spending and balance the budget without tax hikes. Now, one year later the Governor's new plan is convince voters to approve $63 billion in new taxes (over 7 years) According to an LA Times...
  • Shortfall in California’s Budget Swells to $16 Billion

    05/12/2012 5:06:21 PM PDT · by reaganaut1 · 44 replies
    New York Times ^ | May 12, 2012 | ADAM NAGOURNEY
    The state budget shortfall in California has increased dramatically in the last six months, forcing state officials to assemble a series of new spending cuts that are likely to mean further reductions to schools, health care and other social programs already battered by nearly five years of budget retrenchment, state officials announced on Saturday. Gov. Jerry Brown, disclosing the development in a video posted on YouTube, said that California’s shortfall was now projected to be $16 billion, up from $9.2 billion in January. Mr. Brown said that he would propose a revised budget on Monday to deal with it. “We...
  • Jerry Brown submits tax petitions, says 'difficult' budget cuts next

    05/11/2012 4:22:21 PM PDT · by SmithL · 13 replies
    Sacramento Bee ^ | 5/11/12 | David Siders and Torey Van Oot
    In one choreographed appearance at the office of the Sacramento County Registrar of Voters, Gov. Jerry Brown's campaign to raise taxes appeared on Friday to take shape. A week after announcing he had collected enough signatures to qualify the initiative for the November ballot, Brown – accompanied by a new political consultant, the first lady and his dog – turned several boxes of them in. The event came just days before Brown is expected to propose deeper spending reductions in a budget revision Monday to deal with a deficit that likely has grown beyond $10 billion. The Democratic governor cast...
  • Union president says she told Jerry Brown: 'furloughs are off the table'

    05/10/2012 4:25:17 PM PDT · by SmithL · 37 replies
    SacBee: The State Worker ^ | 5/10/12 | Jon Ortiz
    In a memo to members today, SEIU Local 1000 President Yvonne Walker said that she was consulted about Gov. Jerry Brown's plan to cut state employees' pay and that she drew a line at imposing unpaid time off on workers. "First let me say that I have made it clear that furloughs are not on the table," Walker wrote.
  • Jerry Brown tells unions to brace for California state worker pay cuts

    05/09/2012 9:55:33 PM PDT · by SmithL · 19 replies
    SacBee: The State Worker ^ | 5/9/12 | Jon Ortiz
    State workers' compensation is back on the budget chopping block. Brown administration officials met with the state employee union leaders last week, according to sources familiar with the meetings, to warn them that the next version of the governor's budget will include an unspecified cut in employee costs up to 10 percent. The administration in January estimated that California is confronting a $9.2 billion deficit through 2012-13, but a recent state analysis concluded the actual gap is considerably more. The sources, who declined to talk on the record because the administration asked all involved to keep the discussions secret, said...
  • Upcoming tax battle could be a nasty feud

    05/07/2012 4:37:54 PM PDT · by SmithL · 17 replies
    Sacramento Bee ^ | 5/7/12 | Dan Walters
    Let's get ready to rumble. In this corner is California Gov. Jerry Brown. In that corner is Molly Munger, a very wealthy civil rights attorney. Brown and his union allies want voters to raise their own sales taxes, plus income taxes on the most affluent, to narrow a chronic budget gap. Munger and the state PTA want to raise income taxes on all but the lowest-income Californians to provide more money to schools. Brown, desperate to eliminate competition that might confuse voters, merged his initial tax proposal into that of a rival group that wanted to tax the rich even...
  • Bill Clinton hears Gov. Jerry Brown's budget pain

    05/06/2012 9:15:47 AM PDT · by SmithL · 2 replies
    San Francisco Chronicle ^ | 5/6/12 | Andrew S. Ross
    Bill Clinton feels Gov. Jerry Brown's pain. "I know what he's going through out here," said the former president after hearing Brown's litany of budget woes delivered at a conference of Bay Area business executives and public officials last week. "I said, 'How you doing, Jerry?' He said, 'This is tough.' I said, 'Yes, but I think you're doing the right thing. You have to live by the laws of economics and the money you've got.' " If it's any consolation, Clinton added, "the dilemmas that the governor and the Legislature, and the people who will soon vote on the...
  • Group submits signatures for California business tax change on November ballot

    05/05/2012 9:20:31 AM PDT · by SmithL · 11 replies
    Sacramento Bee ^ | 5/5/12 | Jim Sanders
    The stage was set Friday for three revenue-raising measures to qualify for the November ballot after a group led by hedge-fund manager Tom Steyer submitted more than 900,000 signatures for a tax increase on out-of-state businesses. Proponents of two other tax initiatives, driven separately by Gov. Jerry Brown and civil rights attorney Molly Munger, said they have collected more than enough signatures to place their proposals before voters. The measures would generate billions in revenue for a state rocked by recession and cuts to education and public services in recent years. But Mitch Zak, spokesman for a coalition opposing Steyer's...
  • California governor warns water plan controversial

    05/05/2012 9:13:51 AM PDT · by SmithL · 11 replies
    SFGate: Capitol Notebook ^ | 5/5/12 | Marisa Lagos, Wyatt Buchanan
    Gov. Jerry Brown warned this week that his administration's soon-to-be unveiled plan to tackle the state's water delivery challenges is "going to be controversial" but vowed he would "push it through." Saying that state leaders have failed for five decades to ensure water reliability in the Golden State, Brown told a group of about 900 business leaders in San Jose Thursday that his administration would soon announce its preferred plan - widely expected to be two giant pipelines that move water out of the Sacramento River and under the fragile Sacramento-San Joaquin River Delta to the Bay Area, Central Valley...
  • GOP vows to fight Jerry Brown's tax measure

    05/04/2012 9:03:31 AM PDT · by SmithL · 2 replies
    Sacramento Bee ^ | 5/4/12 | Kevin Yamamura and David Siders
    After years of being labeled the "Party of No" by majority Democrats, California Republican leaders stood under rainy skies Thursday outside the Capitol to dub themselves the "Party of Yes." The newly christened party kicked off its campaign by asking for a "no" vote on Gov. Jerry Brown's tax hike. California Republican Party leaders organized the press conference to launch a statewide whistle-stop tour just as Brown finished collecting signatures for his $9 billion tax initiative. "Jerry Brown is turning in his signatures as we speak to make that (top tax rate) the highest rate in the country," said California...
  • California Governor's Mansion has a black cat mystery to solve

    04/28/2012 8:22:19 PM PDT · by nickcarraway · 13 replies
    The tour guides at the old Governor's Mansion in Sacramento are trying to solve a mystery, one that involves a black cat. One of the guides, John Casey, is the grandson of former Gov. Pat Brown, the last governor to live in the Victorian mansion at 16th and H streets, and therefore the nephew of the current governor, Jerry Brown. Casey was given the black ceramic cat by his aunt, former Treasurer Kathleen Brown, with a story that Pat Brown used it to denote whether his conversations with reporters at the mansion were on or off the record. If the...
  • Jerry Brown warns of more cuts to state budget

    04/25/2012 7:42:01 AM PDT · by SmithL · 10 replies
    San Francisco Chronicle ^ | 4/25/12 | Andrew S. Ross
    The topic was "States and competitiveness in a global economy," but first off, the panel's moderator wanted Gov. Jerry Brown to give us a "sneak peek" at his 2012-13 budget revision, scheduled for next month. Brown demurred, but said, "It will be very interesting." In fact, "You'll hear howls of execration over the next 30 days," he told a gathering of Silicon Valley CEOs on Tuesday. That is, when he lays out additional cuts - watch out health and social services - beyond the $4 billion he's already asked for. Basically, some cuts that Brown wanted have been delayed by...
  • Jerry Brown glad death penalty measure on November ballot

    04/24/2012 12:34:55 PM PDT · by SmithL · 9 replies
    SacBee: Capitol Alert ^ | 4/24/12 | David Siders
    SAN JOSE - Gov. Jerry Brown, who has personal reservations about the death penalty but enforced it as state attorney general, said this morning that he is glad a measure to abolish the death penalty will be on the November ballot, though he declined to say how he will vote. . . . Brown vetoed death penalty legislation in 1977, when he was governor before. The Legislature overrode his veto, and he said during the 2010 gubernatorial campaign that he would uphold it as governor.