Newsom Transforms Taxpayer Protection into Welfare ~ By Ted Gaines

Newsom Transforms Taxpayer Protection into Welfare ~ By Ted Gaines

Sacramento, CA…California actually has a government spending limit, hard as that may be to believe, and Gavin Newsom is making a mockery of it, just as his predecessor did. In 1979, a year after signing off on the revolutionary Proposition 13, voters passed Proposition 4, implementing the “Gann Limit,” which would peg California’s state spending […]

California Roars Back: Governor Newsom Announces the Largest Small Business Relief Program in the Nation

California Roars Back: Governor Newsom Announces the Largest Small Business Relief Program in the Nation

Sacramento, CA… Today, Governor Gavin Newsom unveiled another component of his $100 billion California Comeback Plan: making historic investments in small business relief. Governor Newsom’s Plan expands the state’s COVID-19 Small Business Relief Grant program to a total of $4 billion, representing the largest such program in the entire country. That’s in addition to Governor Newsom’s […]

Colonial Pipeline Begins Restarting Pipeline System

Colonial Pipeline Begins Restarting Pipeline System

Alpharetta, GA…Colonial Pipeline initiated the restart of pipeline operations today at approximately 5 p.m. ET. Following this restart, it will take several days for the product delivery supply chain to return to normal. Some markets served by Colonial Pipeline may experience, or continue to experience, intermittent service interruptions during the start-up period. Colonial will move […]

Governor Newsom Announces $5.1 Billion Package for Water Infrastructure & Drought Response as Part of $100 Billion California Comeback Plan

Governor Newsom Announces $5.1 Billion Package for Water Infrastructure & Drought Response as Part of $100 Billion California Comeback Plan

Sacramento, CA…Governor Gavin Newsom today proposed a $5.1 billion package of immediate drought response and long-term water resilience investments to address immediate, emergency needs, build regional capacity to endure drought and safeguard water supplies for communities, the economy and the environment. The Governor’s proposal comes as part of a week-long tour highlighting the Administration’s comprehensive recovery plan tackling […]

Large Texas to New York Fuel Pipeline Shutdown By Cyberattacks

Large Texas to New York Fuel Pipeline Shutdown By Cyberattacks

Alpharetta, GA…On May 7, the Colonial Pipeline Company learned it was the victim of a cybersecurity attack. In response, we proactively took certain systems offline to contain the threat, which has temporarily halted all pipeline operations, and affected some of our IT systems. Upon learning of the issue, a leading, third-party cybersecurity firm was engaged, […]

April Employment Rises by 266,000. Labor Participation Rate Climbs to 61.7%

April Employment Rises by 266,000. Labor Participation Rate Climbs to 61.7%

Washington, DC…The latest from the Bureau of Labor Statistics…Total nonfarm payroll employment rose by 266,000 in April, and the unemployment rate was little changed at 6.1 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains in leisure and hospitality, other services, and local government education were partially offset by employment declines in […]

Oversight Board Upholds Facebook’s Decision to Suspend Donald Trump’s Accounts

Oversight Board Upholds Facebook’s Decision to Suspend Donald Trump’s Accounts

Menlo Park, CA…Today, the Oversight Board upheld Facebook’s suspension of former US President Donald Trump’s Facebook and Instagram accounts. As we stated in January, we believe our decision was necessary and right, and we’re pleased the board has recognized that the unprecedented circumstances justified the exceptional measure we took. However, while the board has not required Facebook to […]

Governor Newsom Signs Bill Giving Small Business a $6.2 Billion Tax Cut

Governor Newsom Signs Bill Giving Small Business a $6.2 Billion Tax Cut

San Fernando, CA…Today, Governor Gavin Newsom signed a bill that will give small businesses hit hardest by this pandemic a $6.2 billion tax cut over the next six years – a critical lifeline that will help get our small businesses back on their feet and an important component of California’s economic recovery strategy. Governor Newsom […]

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