Unprecedented Budget Surplus Is Focus of May Revision

By Loren Kaye To nobody’s surprise, Governor Gavin Newsom on Friday announced another upward revision in the state’s general revenues—a $55 billion bump since January. To the surprise of many, this means that discretionary surpluses for three consecutive fiscal years...

Job Killer Update: 4 Bills Stopped, 1 Tax Bill Stalled

California Chamber of Commerce policy advocates working alongside advocates from allied business groups succeeded in stopping four CalChamber-job killer bills from advancing in the legislature this year. One of these job killer bills has been gutted and amended, and...

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