3 posts tagged with California by VikingSword.
Displaying 1 through 3 of 3.
"People could stake me and Gov. Perry on the ground and torture us, and we still would not raise taxes."
'Analysis: Texas vs California: A tale of two budget deficits'. 'Texas Governor Rick Perry treated guests to a barbecue lunch paid for by a wealthy businessman. Supporters of California Governor Jerry Brown munched on hot dogs at a union-sponsored picnic. The stark contrast in inaugural menus last month highlights the different approaches the two most populous U.S. states are taking to deal with massive budget deficits. Perry, a Republican, campaigned on the strength of the Texas economy and made political hay of the fact the Lone Star state had avoided California's massive deficit, pegged at $25.4 billion through the upcoming budget year. Now Texas faces a budget deficit estimated as high as $27 billion for the upcoming two-year cycle of 2012-2013. To close the gap, state legislators have proposed steep cuts in funding to education and welfare programs.' [more inside]
"We raise rates only when absolutely necessary to pay the accelerating cost of medical care for our members"
Blue Shield of California seeks rate hikes of as much as 59% for individuals. 'Insurer says the increases result from fast-rising healthcare costs and other expenses resulting from new healthcare laws. The move comes less than a year after Anthem Blue Cross tried and failed to raise rates as much as 39%.''Nearly 1 in 4 of the affected customers will see cumulative increases of more than 50% over five months.''Michael Fraser, a Blue Shield policyholder from San Diego, learned recently that his monthly bill would climb 59%, to $431 from $271.''Anthem's attempt to raise rates by up to 39% led to national outrage and helped President Obama marshal support for his healthcare overhaul. The insurer was ultimately forced to back down, accepting maximum rate hikes of 20%.' [more inside]
California's ailing Republicans: A dying breed? 'Republicans are relishing the coming of a new day on Capitol Hill. But across the country in California, the party of Nixon and Reagan is drifting toward obscurity. The latest sign of imperiled health: In a year Republicans notched big victories in Congress, governor's offices and statehouses around the nation, California Democrats made a clean sweep of eight statewide contests on Nov. 2. Democrats padded their majority in the Legislature, where the party controls both chambers and no congressional seats changed parties. California counted more registered Republicans in 1988 than it does today, even though the state population has since grown by about 10 million.''It's been said the future happens first in California, and the state hit a little-noticed milestone this month that will have implications in voting booths for years to come. For the first time, Hispanics account for more than half the students in the state's public schools. They will be tomorrow's voters.' [more inside]