State Budget

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

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

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CA Fwd’s statement on the May Budget Revise
 150 150 Jim Mayer
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Gov. Brown offers a strong proposal backed by sound financial discipline to secure California’s future

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Agreement on Rainy Day Fund bolsters California’s financial future
 150 150 Christopher Nelson
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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.

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CA Fwd supports new Rainy Day Fund framework, highlights two ways to strengthen proposal
 150 150 Justin Ewers
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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.

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

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CA Fwd releases report on how to build stronger budget reserve
 150 150 Justin Ewers
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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.

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Governor’s proposal on Infrastructure Financing Districts needs bolstering
 150 150 Fred Silva
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Read testimony provided to the Senate Budget and Fiscal Review Committee on behalf our sister org the California Economic Summit that details exactly how IFD authority must be expanded in order to safeguard infrastructure financing and economic development

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California Forward’s written testimony on the Rainy Day Fund
 150 150 Jim Mayer
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Much of California’s recent fiscal instability has been aggravated by short-term decisions that led to boom-and-bust budgeting.

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