News

The 2025-26 budget Governor Newsom signed into law last Friday takes a terrible toll on the future by issuing debt and draining reserves to close deficits caused by overspending.

Our friends at Blueprint SF have launched a petition to pause an ethnic studies program at San Francisco Unified School District.

GFC President David Crane recently sat down with the State of Gold podcast to discuss the state of California’s governance.

Yesterday many eyes were on New York City’s mayoral primary but ours were also on a special election for the San Jose City Council for which GFC supported Anthony Tordillos against a machine politician.

Tomorrow, the California Legislature is expected to pass a 2025-26 budget bill that will take even more from the future than the budget proposed by Governor Newsom.

As you know, GFC supports candidates for important local races when we are asked to do so by people we respect. Recently one of the people we respect most, San Jose Mayor Matt Mahan, asked us to support Anthony Tordillos…

Last week the news was all about the US House of Representatives passing another budget-busting bill that extends a streak of extraordinary federal spending growth since the pandemic. But California’s spending grew even more —  much more.

While it’s good news that two pension expansion measures (AB 569 and AB 1383) that we opposed will not advance, the bad news is that new unfunded liabilities are still being manufactured every year…

Thanks in part to hundreds of opposition letters from the GFC Network, two costly pension bills — AB 569 and AB 1383 — were stopped in the California Legislature today.

Yesterday I published a note on Substack about a footnote in California’s state budget that cost taxpayers $26 billion. I don’t want to burden your emails with too much technical information so if you’re interested please click on that link.