Controller Says Revenue Nearly $500 Million Below Estimates for First Month of New Fiscal Year

SACRAMENTO – Total revenues were $475 million below projections contained in the budget for the fiscal year that began July 1, said State Controller John Chiang on August 13 in his monthly report covering California’s cash balance, receipts and disbursements in July 2012.

“Revenue collections were disappointing for the month of July,” said Chiang. “However, because spending appears to be tracking and the funds that the state depends on for liquidity are performing well, California’s cash outlook remains stable.”

Personal income taxes in the month of July rose $12 million above projections, while sales taxes were down $295 million, more than one-third less than projected. Corporate Read more »

Braley Exposed: Response to Ethics Complaint May Trigger House Scrutiny

TO:  Media & Interested Parties FROM:  Cody Brown, Lange Advisor I. SUMMARY As outlined in a recent House ethics complaint, Congressman Bruce Braley (D-IA) is in clear violation of House ethics rules for using official taxpayer resources to sponsor an event on August 20, 2012, outside of his current district and inside the district in [...]

The Family Leader Hits a Home Run with Inaugural Summit

The Family Leader organization held its inaugural “Family Leadership Summit” over the weekend and by all accounts, the event was a rousing success. Luring 2012 Iowa Caucus winner Rick Santorum, 2008 Iowa Caucus winner Mike Huckabee, and Texas Governor Rick Perry to the event was quite a coup. Their presence resulted in a sellout crowd. [...]