Old enough to remember that a ~$485B _annual_ deficit run under President Obama in FY2014 had Republicans in a full, the-sky-is-falling lather. Here in the present we're set to borrow that much in 10 weeks?!

Inside the exodus of California tech billionaires to Florida

Just awful. International sports competition should bring even athletes from warring countries together. That’s the point of the Olympic Truce. The world needs sports to help uplift our common humanity. And we need far less war. www.reuters.com/sports/socce...

This is of course completely incorrect. Revenues were dramatically increased following our entry in World War I, World War II, and Korea explicitly to help finance the wars. It’s only the recent wars that did not have large accompanying tax increases.

The uncertainty for small businesses originates largely because of one person: Donald Trump.

No big stock downturn...yet. LAO describes how past big stock market downturns have affected #CABudget revenues. open.substack.com/pub/jasonsis...

Bizarre governing choices by federal Republican leaders - raising tariff taxes, constricting oil supply, tightening labor supply, cutting funding for hospitals and health care and food. It’s hurting the economy and erodes gains that have been happening to help manage difficult #CABudget situation.

So let me get this straight. In preparation for this illegal war of choice they removed ambassadors from the MENA region, shut down the VOA Farsi service and drained the strategic petroleum reserve to 60%?

I don't think you have to Nostradamus to figure that bombing Iran might raise oil prices. And it seems pretty obvious that buying oil in advance of causing an oil price spike might just save Americans a lot of money. But... ...maybe there wasn't much planning?

yeah this might be the shot of the year

“The US is roughly speaking oil independent… on net, we export petroleum products.” That’s why this is less an ‘America is poorer’ story than an ‘Americans reshuffle who wins’ story. Drivers lose. Oil industry wins.

Tune in now to watch the first hearing of the Assembly Select Committee on the 2028 Olympic and Paralympic Games: www.assembly.ca.gov/events/media... Agenda: docs.google.com/document/d/1...

Here at the LA84 Foundation in West Adams for the first meeting of the California Assembly's Select Committee on the 2028 Olympic and Paralympic Games. The topic is "lessons learned and the legacy of the 1984 Olympic Games in Los Angeles." Watch here: www.assembly.ca.gov/events/media...

Watch the Paralympic Winter Games on Peacock and USA. www.kcra.com/article/thes...

US stocks down over 1% today, battered by Trump's choices, constrained oil supplies, and a bad monthly jobs report affected by Trump's weird tariff policies and so-called artificial intelligence. For now, S&P 500 remains above what was assumed in Governor's #CABudget (6625) & well above last April.

Brutal numbers for US tech sector jobs released today—overall, employment decreased by 12k last month and is down 57k over the last year That's now nearly as bad as the worst of the 2024 tech-cession, and significantly worse than either the 2008 or 2020 recessions

Responding to #CABudget questions: Stocks are down the last few days due to Trump's war & the resulting constriction of oil supply. But US stocks are way up from a year ago, and that has fueled the short-term tax surge. Stock prices remain above levels assumed in the Governor's budget proposal.

Words of inspiration to celebrate Women’s History Month.

State moving closer to its appropriation limit. #CABudget open.substack.com/pub/jasonsis...

I have an idea. Here’s my idea: We should have had this meeting last week before we started bombing Iran. www.politico.com/news/2026/03...

Happy #WorldBookDay2026. The French writer and philosopher Voltaire once said 'Let us read, and let us dance; these two amusements will never do any harm to the world.' 📚 He also drank up to 50 cups of coffee a day, often mixed with chocolate. I think we're onboard with this.

A war that isn't a war, documented with videos that may or may not be real, funded by elected leaders who are neither for nor against it, is the most dystopian thing that's happened in my lifetime

February #CABudget income tax tally close to forecast. open.substack.com/pub/jasonsis...

⚽ It's 100 days until the first 2026 World Cup match in the LA area -- 🇺🇸 vs 🇵🇾! We're making it easy + affordable to reach the 8 matches here with direct service from multiple locations to the stadium. See map 👇🏾 How to ride to the World Cup: https://wp.me/pfeql1-C22

The leader of the California Democratic Party is publicly urging Democrats to drop out of the governor’s race because of the possibility they will be locked out of the general election.

Sports are a great way to celebrate athletes and unite the world, including countries in conflict with each other. Sports encourage peace at their best.

I’m so excited to finally have this Terner Center report in my hands! These insights will help guide my legislative work this year to unlock more housing construction innovation. We know the housing crisis is formidable—it’s time to get creative in how we solve it.

Preliminary stats from @coveredcanews.bsky.social make it clear that the loss of ACA subsidies are pushing people to either drop their health plans altogether or opt for plans that don't offer much more than catastrophic coverage because it's the only way to stay insured that they can afford.

A lot of folks complain about "too much policy in budget," but then they come along and say privately that they "prefer" this or that "in budget." If it's a good idea, then there will be a legislator who wants to author that policy bill! I often am happy to help you find an author. #CALeg #CABudget

CBPP's @tyjonescox.bsky.social on NPR's Morning Edition explains how new #SNAP work requirements are a major hit to working families and their kids. "This requirement doesn't increase employment or earnings. It just cuts people off." Listen here: www.npr.org/2026/03/02/n...

"What is certain is that after this attack, we cannot be expected to look forward to the World Cup with hope," said Mehdi Taj. Reminder that Iran is scheduled to play twice in Los Angeles: June 15 vs. New Zealand June 21 vs. Belgium

If America still had the rule of law, this would be the easiest prosecution ever, but we all know absolutely nothing will happen.

Everything is terrible but Los Angeles transit continues to expand despite the perception that we won’t use it And @metrolosangeles.bsky.social has great merch

I support the Olympic Truce - in effect until after the Paralympic Winter Games next month pursuant to UN resolution. www.instagram.com/p/DUbZUzFkWd...

Jordan Chiles powers UCLA gymnastics to its second straight Big Ten title

Coming soon: L.A. Metro stops that connect downtown to Beverly Hills, Miracle Mile

The World Cup starts in about 100 days. But 11 host cities don't know when to expect their share of $625 million in federal security funding — and local officials warn it could upend planning for one of the largest sporting events in American history.

Did you know? HHAP remains core to addressing homelessness in California. The prominence of operating costs — for both permanent and interim housing — makes clear that HHAP now funds core system functions, despite being designed as a temporary resource.

I would love for the #CABudget to handle fewer requests for Administrative Procedure Act exemptions. Seems an area ripe for someone to sponsor a serious #CALeg bill aimed at changing the APA. capitolweekly.net/how-to-parti...

This is bigotry, pure and simple. open.substack.com/pub/erininth...

Read more about our new bill, AB 2436! la28.org/en/newsroom/...

A real #CALeg hero. May the work of lowering bill limits continue into the next generations!

According to the State Controller's Office, California's treasury held about $109 billion in available resources ("cash on hand") as of Jan. 31. This consisted of $22.0 billion in General Fund balances, $11.2 billion in the rainy day fund, $4.5 billion in the General Fund's main reserve... (1/2)

Following USA Hockey’s win over the USSR at the Lake Tahoe Games (2/27/1960), California Gov. Pat Brown gave brief remarks to the players. He did nothing like this! AP: After coach’s remarks to the players, the doors to the US dressing room “flew open and in everybody poured” to celebrate. (1/5)

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LAO upgrades state revenue estimates a lot. I think they will be a lot higher in the near term. open.substack.com/pub/jasonsis... #CABudget

#CABudget / #CALeg: Assembly continues oversight of homelessness spending. speaker.asmdc.org/press-releas...

Early action budget bills AB 107 and AB 117 passed the Legislature this morning and were presented to the Governor at 11:30 a.m. #CABudget #CALeg

LAUSD board approves up to 657 layoffs. Budget at 'breaking point,'  Supt. Carvalho says