Town Square

Post a New Topic

Newsom unveils state budget proposal with record education investment, billions for COVID-19 recovery

Original post made on Jan 11, 2021

Gov. Gavin Newsom unveiled his proposed budget for the 2021-22 fiscal year Friday, touting record investments in education and a $15 billion budget surplus in spite of the economic uncertainty wrought by the coronavirus pandemic.

Read the full story here Web Link posted Sunday, January 10, 2021, 5:00 PM

Comments (4)

6 people like this
Posted by Hotslide
a resident of Oak Tree Acres
on Jan 11, 2021 at 11:03 am

Hotslide is a registered user.

The governor's new budget looks pretty bold, with an unfounded anticipation of big revenues, and shows little consideration for the long term impact of covid and the wholesale number of the monied class leaving the state. And I guess the aspect of huge employers like Tesla, HP and Oracle all announcing in the same week they are leaving the state is inconsequential. It is quite likely other companies large and small will also be bailing. Throw in the likelihood of accommodating another surge of solicited illegals, the huge and growing homeless population, pressure to expedite the green agenda, a neglected infrastructure, and I can't see a healthy economic picture for the state.


5 people like this
Posted by MichaelB
a resident of Pleasanton Meadows
on Jan 11, 2021 at 11:34 am

MichaelB is a registered user.

"It is quite likely other companies large and small will also be bailing. Throw in the likelihood of accommodating another surge of solicited illegals, the huge and growing homeless population, pressure to expedite the green agenda, a neglected infrastructure, and I can't see a healthy economic picture for the state."


No problem here. I understand that the Democrats want to raise the current top state income tax rate of 13.3% and to impose a "wealth tax". Even if Newsom vetoed such measures, there would probably be enough votes to override. Sooner or later, all residents of the state will have their taxes increased because there are not enough rich people to cover the costs. This is what happens with one party rule/no debate/no opposition.


5 people like this
Posted by James Michael
a resident of Val Vista
on Jan 11, 2021 at 1:33 pm

James Michael is a registered user.

I read somewhere that I can't remember, but the author of the article said that "California is like that house with the new paint, new windows, and new roof. But the foundation is crumbling".


Like this comment
Posted by Pleasanton Parent
a resident of Pleasanton Meadows
on Jan 11, 2021 at 2:51 pm

Pleasanton Parent is a registered user.

I cringed at the initial headline I read online, "Ca budget windfall to be spent..." and while I'm sure the headline would remain the same whether in a time of pandemic or not, I do agree with some of the spending choices here - the school's need money to cover increased infrastructure costs with getting kids back in the classroom, I just hope it actually makes it to the students. And I'd like to see transparency in its use to leverage on the unions fighting to stay out of the classroom until absolute certainty is obtained. Its also needed to support those teachers and students not yet able to return to the classroom due to higher risk conditions.

It does appear some will go to rainy day coffers, but not enough. Ca has a spending problem, and our desire to initiate new programs outpaces our need to improve, sustain, and/kill off existing or failing ones.


Don't miss out on the discussion!
Sign up to be notified of new comments on this topic.

Email:


Post a comment

In order to encourage respectful and thoughtful discussion, commenting on stories is available to those who are registered users. If you are already a registered user and the commenting form is not below, you need to log in. If you are not registered, you can do so here.

Please make sure your comments are truthful, on-topic and do not disrespect another poster. Don't be snarky or belittling. All postings are subject to our TERMS OF USE, and may be deleted if deemed inappropriate by our staff.

See our announcement about requiring registration for commenting.


Get the most important local news stories sent straight to your inbox daily.

Downtown Livermore institution to close in April
By Tim Hunt | 0 comments | 1,939 views

Know a Book Agent or Publisher?
By Chandrama Anderson | 0 comments | 1,236 views