Fiscal Reform

How the Rainy Day Fund is impacting education in California
150 150 Christopher Nelson

As the public service that commands the lion’s share of general fund expenditure, perhaps no other area stands to benefit more than K-12 education.

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

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

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

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

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

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

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.

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

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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California special session called for Rainy Day Fund
150 150 Ed Coghlan

“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.

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