Business News

Read Governor's Revised Budget- Protects Education & Public Safety, Cutting $8.3 Billion from Gov't
5/14/2012 9:40:00 PM
Governor Edmund G. Brown Jr. released a revised state budget today that protects funding for education and public safety while slashing $8.3 billion from government to close a $15.7 billion deficit and get California back on track. “This budget reflects the fact that the nation’s economic recovery is proceeding more slowly than anticipated. Lower tax revenues, coupled with federal government obstructions that blocked billions in necessary cuts, have created a deeper budget hole. More painful reductions will be necessary as a result, but education and public safety must be protected. We can’t balance the budget with cuts alone; that would just further undermine our public schools. The budget I am proposing will boost funding for education, protect public safety and prevent an even deeper round of trigger cuts. My proposal is modest, fair and temporary. It won’t solve all of the state’s problems, but it will help dig us out of a deep hole and protect our schools until the recovery is complete.” said Governor Brown. ...Read More
Governor Brown Declares May "California Small Business Month"
5/10/2012 10:38:00 PM
Governor Edmund G. Brown, Jr. today issued an official proclamation declaring the month of May as 'California Small Business Month.' “This month, we reaffirm our commitment to helping California’s small businesses thrive and prosper. The Governor’s Office of Business and Economic Development, along with key agencies of state government, works to facilitate economic growth through collaboration with small businesses,” said Governor Brown in his proclamation. “Supporting small-scale private-sector job creators is among our most promising strategies to enhance California’s human capital, expand job opportunities and increase our competitive global marketplace.” ...Read More
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