Thursday, January 12, 2017
By Senator John Moorlach
"Nowhere has Donald Trump's ascendency to the presidency of the United States been met with more consternation and frustration than in California. Even Orange County, which has long been known as 'the most Republican county in the nation,' turned blue this year."
"...California appears to be more focused on posturing than on pulling up a seat at the table with the rest of the country."
"While most of President-elect Trump's policies are not finalized, early signs suggest they may directly challenge the way things have been done in California."
"...many state budget priorities are dictated by federal funding. Healthcare, transportation and environmental issues are all heating up to be battle areas between the Golden State and Washington."
"If California bites the hand that feeds it in one or more of these critical funding areas, the onus will be on the state's Democratic leadership to figure out how to close the gap if there is a loss of federal funds."
"Despite false assurances that California's economy has recovered, the state's general fund can't handle another hit. California has the largest unrestricted net deficit of any of the 50 states. It's nearly $170 billion, and growing."
"At a time of unparalleled polarization, California now finds itself in the uncomfortable position of being one of the bluest states in a very red nation."
"If California decides to draw a line in the sand, Trump, the consummate businessman, might not view California as a very good investment."
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Press Contact: Amanda Smith @ 714-662-6050, firstname.lastname@example.org
State Senator John Moorlach is a nationally recognized budget, finance, and fiscal policy expert. Moorlach graduated from CA State University in Long Beach in 1977, passed the C.P.A. exam in 1978, and completed his studies for the Certified Financial Planner designation in 1987. He earned a Certificate in Public Finance from the University of Delaware, Division of Continuing Education in 1995, the Certificate of Achievement in Public Plan Policy (CAPPP) in Employee Pensions in 1999 and the Trustees Masters Program in 2003 through the International Foundation of Employee Benefit Plans, and the New Supervisors Training Institute in 2007 from CA State University in Sacramento in cooperation with their Center for California Studies.