Budget

California’s 154 Billionaires Saw Net Worth Jump 25.5% During COVID-19 Pandemic, Fuels Grassroots Actions for a More Equitable CA

At the same time that the California Legislature was debating billions of dollars of budget cuts to health and other vital services during a pandemic and an economic downturn, California’s 154 billionaires collectively saw their wealth increase by $175.4 billion or 25.5% during the first three months of the COVID-19 pandemic, according to a new report by Americans for Tax Fairness (ATF), Health Care for America Now (HCAN) and Health Access California. Another 11 Californians were newly minted billionaires during the same period. Coming on the heels of a new California state budget that has billions of cuts deferred, scheduled, and subject to triggers, unless needed federal aid comes through, the new data provides a powerful argument for health, education, and other […] Read More

2020-21 State Budget Deal Protects Many Key Health and Health Human Services – But Tough Cuts Made, and More Loom without Revenues

Governor Newsom and the California legislative leaders have announced a state budget deal today that pulls back many of the cuts to vital health and human services proposed in the May Revise, keeping this coverage and care intact as the state works to combat the COVID-19 pandemic. While some significant cuts were made, this budget deal staves off the worst of the proposed health care cuts which would have denied coverage to tens of thousands of low-income seniors, and cut benefits and access to health providers for millions more on Medi-Cal. The budget deal does still rely heavily on federal aid, which is currently pending in Congress. Health care advocates continue to call on the Federal Government to step in with financial […] Read More

CA Legislature Passes a 2020-21 State Budget That Protects Most Health and Human Services Programs – For Now

Deal with Governor Still Being Negotiated–Federal Funds and New State Revenues and Taxes Needed to Stop Trigger Cuts Today the California State Senate and Assembly passed a budget preserving most funding for vital health and human services programs, which are even more important as our state works to combat the COVID-19 pandemic. The budget passed by the California Legislature meets the constitutional deadline for passage, even as negotiations continue with Governor Newsom on a final budget. Those negotiations show signs that a deal to reject the worst of these health care cuts might be reached, but that would depend on new revenues, from federal funds or new state revenues. If the Governor adopts the Legislature’s version of the budget, it would rely on federal […] Read More

CA Senate Committee Largely Rejects Severe Health Care Cuts in Governor’s Budget

Yesterday California State Senate Budget Committee adopted their 2020-2021 budget proposal which largely rejects the severe health care cuts in Governor Newsom’s May Revise. The Senate’s budget plan keeps commitments in Medi-Cal that will ensure millions will continue to access coverage and benefits amid the COVID-19 pandemic, particularly for California’s seniors. The Senate proposal would reject cuts that would have denied coverage to tens of thousands of seniors. The Senate also rejected attempts to re-institute the “senior penalty,” estate recovery, and other eligibility changes. The proposal also includes the expansion of Medi-Cal to all seniors, regardless of immigration status, but delayed to an implementation date of January 1, 2022. It also preserves medically necessary benefits for millions of adults with […] Read More

New CA Budget Proposes Major Cuts to Health and Other Needed Services, Even Worse Without Federal Assistance

Governor Gavin Newsom today unveiled his May Revision of the California State Budget which includes significant cuts to health, education, and other vital services in order to address the budget deficit caused by the COVID-19 crisis. In a stark contrast from the Governor’s initial proposal in January that had a surplus, Governor Newsom’s budget attempts to address an estimated $54 billion state deficit with deep cuts to the state budget–including to health and human services, a particularly harmful measure in the face of a public health crisis. Governor Newsom emphasized that much of these cuts could be minimized if Congress passes needed state aid, as House leadership has proposed in the pending HEROES Act up for a vote tomorrow. The State Legislature will now […] Read More