In Saturday’s Sacramento Bee, Jim Wasserman reports that a UC Davis Graduate School of Management study found that overspending is the biggest culprit in personal bankruptcies. Previously, illness and unemployment were the primary reasons.

It certainly came as no surprise to me that irresponsible behavior leads to financial ruin.

The liberal California State Legislature and Governor have gone down the same path.

Read the story.… Read More

In this battle against growth in government, Republican legislators must stick together and be a team. When I say Republican legislators, I mean both Senators and Assemblymembers. There is strength in unity — and this budget battle is one where, working together, we can end up with a budget that does not raise taxes, ultimately ensures that taxpaying Californians are not penalized for the overspending ways of liberal politicians.

I have heard that Senate President Pro-Tem Don is contemplating bringing up the Governor’s so-called "compromise" plan (we prefer to call it the surrender-to-more-taxes plan) for a vote as early as today.

Here are some guidelines that we here at the FlashReport think would be good ones for our Republican legislators…

No Republican votes should go up on any budget until that document has been vetting by both the Senate and Assembly Republican Caucuses, and that there is agreement that both caucuses can support a particular budget. Nothing could be worse, this particular … Read More

In this battle against growth in government, Republican legislators must stick together and be a team. When I say Republican legislators, I mean both Senators and Assemblymembers. There is strength in unity — and this budget battle is one where, working together, we can end up with a budget that does not raise taxes, ultimately ensures that taxpaying Californians are not penalized for the overspending ways of liberal politicians.

I have heard that Senate President Pro-Tem Don is contemplating bringing up the Governor’s so-called "compromise" plan (we prefer to call it the surrender-to-more-taxes plan) for a vote as early as today.

Here are some guidelines that we here at the FlashReport think would be good ones for our Republican legislators…

No Republican votes should go up on any budget until that document has been vetting by both the Senate and Assembly Republican Caucuses, and that there is agreement that both caucuses can support a particular budget. Nothing could be worse, this particular … Read More

As the legislative session comes to a close, FR will once-again be publishing its annual list of the Top 20 Worst Bills that are on their way to the Governor. If you have suggestions on legislation that should make that list, please drop us an e-mail pretty quickly so our team can take your input!

Of course, there is a chance that the Governor will veto every bill this year, as a positive-by product of the budget stalemate (he promised to do so, but has already reneged at least once so his resolve is unclear).… Read More

UPDATE 5:30PM — Senate Republicans released more details on their plan. I have replaced the attachments to this post with one new single attachment (in .pdf form) containing all of the details released on this no new taxes plan. California’s Republican legislators today unveiled a budget compromise that balances the state budget with no tax increases, and with no borrowing from local government or transportation funds. The proposal was unveiled earlier this afternoon by Senate Republicans, led by Senate Republican Leader Dave Cogdill who was joined by his colleagues. They were joined by Assembly Republican Leader Mike Villines and also Roger Niello, the Vice-Chairman of the Assembly Budget Committee, in a strong statement of GOP bicameral support.

I have attached some documentation that was disseminated by Senate Republican Leader Dave Cogdill with some high-level detail on the plan. Gone is the Governor’s proposed increase in the… Read More

This afternoon, a Republican budget package was released at a press conference here at the Capitol. It has no tax increases in it and is a very responsible base to work from in the budget discussions that need to happen very soon. Speculation is there will be an actual vote on it in the Senate. Many details [and criticisms from the spending community] will come soon!… Read More

Imagine a family – we’ll call them the Smiths – who are financially successful beyond the dreams of most Americans.

They have all the trappings of wealth – a large custom home with a pool and a wine cellar; a ski chalet in the mountains and home at the beach; two expensive cars in the garage; membership at a private golf course; designer clothes; annual exotic vacations; all the latest toys and gadgets for their children – the list goes on.

Now imagine the Smiths have hit tough financial times – but not because of job losses or failing health; in fact both Smiths have received substantial pay raises and bonuses in the past five year.

No, their financial woes stem from overspending and poor planning. For every dollar they’ve earned, a $1.10 was spent.

The most likely means to eliminating their debt and building a savings is through selling off assets and cutting back on vacations, designer clothes and golf.

But the Smiths will have none of that. Instead they ask for their friends to bail them out. Of course, their friends are outraged. After all, the friends have acted responsibly by living within their means and putting… Read More

Even though I officially term out the end of November, today is really my last day as a voting member of the California Legislature. (except for that pesky budget – which I am going to ignore in this farewell post – we’ll get it done eventually).

I’ve had the great honor and privilege of serving my constituents for 14 years and I have to say — it was a great run.

My father’s career as a member of congress and later a federal judge is what got me interested in public service. He showed me if you stayed true to your beliefs and handled your responsibilities with integrity, then you could make a positive difference. I hope I lived up to his standard.

Fourteen years ago I thought I’d give it a shot and ran for the Assembly. I knew from the beginning I was going to win – it was only after I was elected did I learn that nobody else in Sacramento shared my optimism. You’re not supposed to be able to beat the Democrat Majority Leader and Willie Brown’s handpicked heir apparent as the next Speaker. Nobody told me that. Nobody told the voters that, and we won that year be 13… Read More