Commentary Just like that, California’s record $100 billion surplus has vanished into the Pacific Ocean fog, replaced by a $24 billion deficit. That’s according to the projections of the nonpartisan Legislative Analyst for fiscal year 2023-24, which begins next July 1, in “The 2023‑24 Budget: California’s Fiscal Outlook.” Well, I warned them repeatedly right here…
$100 Billion Surplus Turns to $24 Billion Deficit
$100 Billion Surplus Turns Into $24 Billion Deficit
Commentary Just like that, California’s record $100 billion surplus has vanished into the Pacific Ocean fog, replaced by a $24 billion deficit. That’s according to the projections of the nonpartisan Legislative Analyst for fiscal year 2023-24, which begins next July 1, in “The 2023‑24 Budget: California’s Fiscal Outlook.” Well, I warned them repeatedly right here…
Transgender Guaranteed Income Programs Discriminatory, Critics Say
Guaranteed income programs for transgender residents in San Francisco and Palm Springs have raised the eyebrows of some critics, who say they are a misuse of public funds and discriminatory. Erin Friday, a co-leader of Our Duty, a group that protests the gender transitioning of minor children and young adults, told The Epoch Times the…
In-N-Out 2023 T-shirt Released
A new 2023 T-shirt is now available for In-N-Out fans, the popular burger chain announced Nov. 17 on their social media accounts. The shirt features a gray-toned image of a 1970’s Dodge Charger, shooting flames in front of the chain’s first store in Baldwin Park, California. Hints of neon green light up the chain’s famous…
California Restaurant Owners Collecting Signatures to Repeal Fast-Food Workers Law
Fast-food restaurateurs are pushing back against a new California law aimed at establishing better pay and working conditions for thousands of workers across the state, saying it would cut jobs and raise consumer costs amid inflation. Known as Save Local Restaurants, the coalition of franchisors and small business owners launched a campaign in September to…
California’s Education Funding to Drop by $2.2 Billion: Report
California’s education budget is projected to drop by $2.2 billion for the next fiscal school year, according to the state’s Legislative Analyst’s Office (LAO). LAO’s annual budget prediction, released earlier this month, anticipates the 2-percent decrease in education funding from the current year’s $128 billion “based upon recent signs of weakness in the economy.” The…
Biden Allocates $1.1 Billion to Keep California’s Nuclear Power Plant Operating
California’s last operating nuclear power plant was given another funding boost as operators seek to keep it running for another eight years. The U.S. Energy Department awarded Diablo Canyon Nuclear Power Plant $1.1 billion from the Civil Nuclear Credit Program funded by an infrastructure bill passed by Congress in 2021. “This is a critical step…
UC Leaders Say Union’s Demands Could Have ‘Overwhelming’ Fiscal Impacts
University of California (UC) leaders said the demands of the 48,000 researchers and student employees who launched a strike across all 10 UC campuses earlier this week could cost the university up to several hundred million dollars per year. United Auto Workers had been in negotiations with UC leaders for months over four academic units:…
San Francisco to Host APEC Summit in 2023: VP Harris
BANGKOK—The city of San Francisco will host the leaders’ meeting of the Asia-Pacific Economic Cooperation (APEC) forum next year, Vice President Kamala Harris said, as the 2022 summit drew to a close in Bangkok on Saturday. Thailand’s Prime Minister Prayuth Chan-ocha, who is this week’s host, handed over the chair of APEC to the United…
US Advances Largest Dam Demolition in History
PORTLAND, Ore.—U.S. regulators approved a plan Thursday to demolish four dams on a California river and open up hundreds of miles of salmon habitat that would be the largest dam removal and river restoration project in the world when it goes forward. The Federal Energy Regulatory Commission’s unanimous vote on the lower Klamath River dams…
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