BudgetUpdates

CA’s $26B Footnote

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.

More than 300 letters have been received from the GFC Network in response to our request earlier this week to sign letters in opposition to AB 84, which would harm charter schools. We will deliver the letters next week so if you would like to add your name there’s still time.

We are hearing more word on the street that CA’s public employee unions are quietly putting together a ballot measure to extend a temporary tax increase that has already cost nearly $100 billion with little to show for it and potentially to add higher rate brackets. We are thinking over ways to respond and would appreciate any thoughts you have in that regard.