california budget

California’s utility charge saga began with misuse of budget process

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A year ago, California’s three big investor-owned electric power utilities — Pacific Gas & Electric, Southern California Edison and San Diego Gas & Electric — proposed new fixed charges on their residential customers that would vary by income. Households making less than $69,000 a year would pay $20 to $34 a month, while those earning $69,000 … Read more

Gavin Newsom owns California’s $68 billion budget deficit

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Gov. Gavin Newsom’s political future could be determined by how he responds to Assembly Republicans’ call for a special legislative session to address California’s staggering budget shortfall. Newsom owns this mess. At the start of last year, he was bragging about the state’s $98 billion budget surplus. Last week, Legislative Analyst Gabriel Petek warned that … Read more