Investors Hangout Stock Message Boards Logo
  • Mailbox
  • Favorites
  • Boards
    • The Hangout
    • NASDAQ
    • NYSE
    • OTC Markets
    • All Boards
  • Whats Hot!
    • Recent Activity
    • Most Viewed Boards
    • Most Viewed Posts
    • Most Posted
    • Most Followed
    • Top Boards
    • Newest Boards
    • Newest Members
  • Blog
    • Recent Blog Posts
    • Recently Updated
    • News
    • Stocks
    • Crypto
    • Investing
    • Business
    • Markets
    • Economy
    • Real Estate
    • Personal Finance
  • Market Movers
  • Interactive Charts
  • Login - Join Now FREE!
  1. Home ›
  2. Stock Message Boards ›
  3. User Boards ›
  4. Keeping it Real Message Board

Sooo - Jerry Brown Opposes California Cuts in Pres

Message Board Public Reply | Private Reply | Keep | Replies (0)                   Post New Msg
Edit Msg () | Previous | Next


Post# of 51861
(Total Views: 71)
Posted On: 03/17/2017 9:27:17 PM
Avatar
Posted By: PoemStone
Sooo - Jerry Brown Opposes California Cuts in President Trump’s Budget



California Gov. Jerry Brown’s administration is unhappy with President Donald Trump’s budget proposals and how they will potentially affect several programs and funding for some projects in the state.

“The president’s budget proposes a complete withdrawal of the federal government’s commitment to working with states to solve the critical issues of the country, from environmental protection and emergency preparedness to transportation and other infrastructure,” Brown’s budget director, Michael Cohen said, according to the Los Angeles Times.
President Trump has argued that many of the programs he seeks to slash funding for are ineffective or outdated. He has also noted that some of the programs to be eliminated or cut are repetitive. The National Endowment for the Arts, the Corporation for Public Broadcasting and the National Endowment for the Humanities are among 19 independent agencies being considered for elimination.

Brown’s administration is also concerned about limited grant funding for rail and transit projects. Last month the Federal Transit Administration delayed a decision on whether it would approve a $650 million federal grant meant to convert the Bay Area railway system, Caltrain, from diesel to electric.

That conversion is a key step for the completion of the plans laid out by the California High-Speed Rail Authority. California’s own Republican delegation opposes that plan (as do many Democrats). Gov. Brown made a specific appeal to President Trump not to block federal funding for that project.

However, as Breitbart News has reported, President Trump is enthusiastic about infrastructure, and could be interested in funding rail links that make more economic sense.

State budget writers are reportedly also concerned about $66.8 billion in federal healthcare funds that were included in Brown’s plan for the fiscal year starting on July 1. According to the Times, that figure represents “63% of the federal funds allocated under the state budget, while many of the other dollars are sent directly to local communities.” However, the Times also notes that “The allotment of healthcare dollars, found in the state’s Medi-Cal program, depend less on Trump’s budget and more on the fate of the congressional Republican healthcare plan.”

On Monday, Gov. Brown lashed out at Trump’s healthcare proposal on Twitter calling it a “harebrained scheme” and “a really dumb idea.”

< >





(0)
(0)




Featured stocks: Coffee Shoppe
For conservative debate: "Keeping it Real"
Game Changing stock $SHMP





Investors Hangout

Home

Mailbox

Message Boards

Favorites

Whats Hot

Blog

Settings

Privacy Policy

Terms and Conditions

Disclaimer

Contact Us

Whats Hot

Recent Activity

Most Viewed Boards

Most Viewed Posts

Most Posted Boards

Most Followed

Top Boards

Newest Boards

Newest Members

Investors Hangout Message Boards

Welcome To Investors Hangout

Stock Message Boards

American Stock Exchange (AMEX)

NASDAQ Stock Exchange (NASDAQ)

New York Stock Exchange (NYSE)

Penny Stocks - (OTC)

User Boards

The Hangout

Private

Global Markets

Australian Securities Exchange (ASX)

Euronext Amsterdam (AMS)

Euronext Brussels (BRU)

Euronext Lisbon (LIS)

Euronext Paris (PAR)

Foreign Exchange (FOREX)

Hong Kong Stock Exchange (HKEX)

London Stock Exchange (LSE)

Milan Stock Exchange (MLSE)

New Zealand Exchange (NZX)

Singapore Stock Exchange (SGX)

Toronto Stock Exchange (TSX)

Contact Investors Hangout

Email Us

Follow Investors Hangout

Twitter

YouTube

Facebook

Market Data powered by QuoteMedia. Copyright © 2025. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges).
Analyst Ratings & Earnings by Zacks. RT=Real-Time, EOD=End of Day, PD=Previous Day. Terms of Use.

© 2025 Copyright Investors Hangout, LLC All Rights Reserved.

Privacy Policy |Do Not Sell My Information | Terms & Conditions | Disclaimer | Help | Contact Us