Budget Reform

CA Fwd on bipartisan rainy day fund legislation: “Meaningful” solution for “significant” problem
 150 150 Justin Ewers
By:

In testimony before the Senate and Assembly budget committees today, CA Fwd reiterated how important it is to manage spikes to end the cycle of boom-and-bust budgeting that has crippled the state’s fiscal system over the last decade—and caused billions in cuts to state programs.

read more
May Budget Revise: What about the economy?
 150 150 Justin Ewers
By:

In the flurry of questions faced by Gov. Jerry Brown as he announced his revised state budget today, one subject was noticeably absent: the economy

read more
CA Fwd’s statement on the May Budget Revise
 150 150 Jim Mayer
By:

Gov. Brown offers a strong proposal backed by sound financial discipline to secure California’s future

read more
Agreement on Rainy Day Fund bolsters California’s financial future
 150 150 Christopher Nelson
By:

Although much talk has been about the severe drought facing California in 2014, today Sacramento safeguarded the state from the one rainy day we all do not want to see right now.

read more
CA Fwd supports new Rainy Day Fund framework, highlights two ways to strengthen proposal
 150 150 Justin Ewers
By:

Governor to speak at special session of Legislature on fund that would capture funds during booms to be used in down times. Here’s how the reform can be improved.

read more
VIDEO: California Rainy Day Fund — an idea whose time has come
 150 150 John Guenther
By:

The California Legislature has convened the special session called by Governor Brown to consider a revised Rainy Day Fund. The action signals the beginning of what many believe is a long overdue public discussion.

read more
Rainy Day Fund: Other states’ volatility is California’s lesson to learn
 150 150 Courtney M. Fowler
By:

We’re in an upswing now. But we saw what happened last decade when everything was decidedly not hunky dory. Safety net services are the first to go, but the hole that this state had dug itself was so deep that cuts were made seemingly everywhere to get back in the black.

read more
California special session called for Rainy Day Fund
 150 150 Ed Coghlan
By:

“We simply must prevent the massive deficits of the last decade and we can only do that by paying down our debts and creating a solid Rainy Day Fund,” said Gov. Brown.

read more
CA Fwd releases report on how to build stronger budget reserve
 150 150 Justin Ewers
By:

With the governor’s actions dramatically increasing the likelihood of action this year, CA Fwd’s report offers a primer on why the rainy day fund has become such a pressing issue for state government.

read more