Governor Newsom Announces Golden State Stimulus, a Budget Proposal to Help Low-Income Californians through $600 Rapid Cash Payments, and Calls for Extension of Eviction Moratorium

Governor Newsom Announces Golden State Stimulus, a Budget Proposal to Help Low-Income Californians through $600 Rapid Cash Payments, and Calls for Extension of Eviction Moratorium

Sacramento, CA… As millions of Californians struggle to make ends meet as a result of the COVID-19 pandemic, Governor Gavin Newsom today announced two immediate action items in his 2021-22 State Budget proposal to help low-income Californians. First, the Golden State Stimulus would provide a $600 rapid cash support directly to roughly four million low-income […]

Governor Newsom to Propose $4.5 Billion for Equitable Recovery for California’s Businesses and Jobs in 2021 Budget

Governor Newsom to Propose $4.5 Billion for Equitable Recovery for California’s Businesses and Jobs in 2021 Budget

Sacramento, CA… Governor Gavin Newsom today previewed his Equitable Recovery for California’s Businesses and Jobs plan, the business and workforce recovery elements of his 2021-22 State Budget that will help California through the COVID-19 pandemic and advance an equitable, broad-based recovery. Watch the Governor provide a brief overview of his Equitable Recovery for California’s Businesses […]

Presidential Veto Message to the House of Representatives for H.R. 6395

Presidential Veto Message to the House of Representatives for H.R. 6395

Washington, D.C….To the house the representatives: I am returning, without my approval, H.R. 6395, the National Defense Authorization Act for Fiscal Year 2021 (the “Act”). My Administration recognizes the importance of the Act to our national security. Unfortunately, the Act fails to include critical national security measures, includes provisions that fail to respect our veterans […]

Income, Poverty and Health Insurance Coverage in the United States: 2018

Income, Poverty and Health Insurance Coverage in the United States: 2018

Washington, DC…The U.S. Census Bureau announced today the median household income was not statistically different from the 2017 median, and the official poverty rate decreased 0.5 percentage points from 2017. At the same time, the rate and number of people without health insurance increased from 7.9%, or 25.6 million, in 2017 to 8.5%, or 27.5 […]

New Year’s Advice In “The Way To Wealth” From America’s Grandfather Ben Franklin

New Year’s Advice In “The Way To Wealth” From America’s Grandfather Ben Franklin

Philadelphia, PA..America’s first self help author and motivational best seller was Benjamin Franklin. Not only that but he was America’s first publishing self made millionaire. He made enough that before he left to be our first Ambassador to France he loaned the Continental Congress money to help fund the revolution. He rose from humble beginnings […]

California Housing Affordability Holds Steady In 3rd Quarter Despite Wages & Lower Interest Failing To Raise Purchases

California Housing Affordability Holds Steady In 3rd Quarter Despite Wages & Lower Interest Failing To Raise Purchases

Los Angeles, CA…Rising wages and slightly lower interest rates did little to improve California’s housing affordability, which remained flat compared to the previous quarter, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today. The percentage of home buyers who could afford to purchase a median-priced, existing single-family home in California in third-quarter 2016 remained at 31 […]

California Ranks As The #6 Least Tax Friendly State For Retirees

California Ranks As The #6 Least Tax Friendly State For Retirees

Washington, DC…Kiplinger has revealed its annual list of the most and least tax-friendly states for retirees. Kiplinger’s 2016 Retiree Tax Map reveals senior tax breaks across all 50 states, and compares taxes on income (including Social Security benefits, pensions and other forms of retirement income), property, everyday purchases and, ultimately, your estate. California ranks as […]

Odds Of Rate Increases Strengthen & The Fed’s Monetary Policy Toolkit ~ Chair Janet L. Yellen

Odds Of Rate Increases Strengthen & The Fed’s Monetary Policy Toolkit ~ Chair Janet L. Yellen

Jackson Hole, WY…The Global Financial Crisis and Great Recession posed daunting new challenges for central banks around the world and spurred innovations in the design, implementation, and communication of monetary policy. With the U.S. economy now nearing the Federal Reserve’s statutory goals of maximum employment and price stability, this conference provides a timely opportunity to […]

2014 Taxpayers’ Bill of Rights Hearings in Culver City June 24

2014 Taxpayers’ Bill of Rights Hearings in Culver City June 24

Sacramento, Ca – Individuals and businesses with ideas or concerns about the administration and oversight of California’s business and property taxes are invited to attend the Board of Equalization’s (BOE) annual Taxpayers’ Bill of Rights hearings in Culver City on June 24, 2014. “We invite California taxpayers to share with us their ideas for how government can serve […]