Articles Tagged With ‘Economic policy’

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Monning calls for economic study on closing Diablo Canyon

Diablo Canyon Nuclear Power Plant

State Sen. Bill Monning (D-Carmel) has introduced a bill that would require officials to begin planning for the economic repercussions of closing the Diablo Canyon nuclear power plant. Diablo Canyon’s current licenses expire in 2024 and 2025. While PG&E is... (Continue reading)

Former Countrywide CEO developing in Templeton

The former CEO of the largest mortgage lender in the United States has moved to the Central Coast and is currently working on building a retail and office building in Templeton. Four years ago, former Countrywide Financial Corp. founder Angilo... (Continue reading)

SLO economic agency does not support local business

OPINION BY JOHN EWAN Last fall, in three months’ time, the Economic Vitality Corporation of San Luis Obispo (EVC), raised over $100,000.00 in fees from SLO county residents installing photovoltaic systems. The EVC gave ¾ of this money, $78,000.00, to... (Continue reading)

California governor supports $10 minimum wage

California Governor Jerry Brown announced Wednesday that he supports a bill in the legislature to raise the state’s minimum wage to $10 an hour. [Huffington Post] “The minimum wage has not kept pace with rising costs,” Brown said in a... (Continue reading)

SLO Water Politics vs. The Geopolitics of Food and Water`

OPINION by ALEX ALEXIEV On Aug. 27, SLO county supervisors Bruce Gibson and Adam Hill will try to push through an “emergency” ordinance to deal with the purported ground water depletion in the Paso Robles water basin. `According to existing statutes, to... (Continue reading)

Gov. Brown signs business incentive bill

Gov. Jerry Brown signed legislation on Thursday revamping an economic program in an effort to encourage manufacturing and job growth in California. [MercuryNews] Brown initially objected to continuing the business incentives calling the program outdated and inefficient but later compromise... (Continue reading)

SLO council considering another raise for city attorney

The San Luis Obispo City Council will decide Tuesday whether to grant City Attorney Christine Dietrick a 4.5 percent raise in pay based on performance while line level employees salaries are either frozen or facing cuts. On March 27, the... (Continue reading)

Legislature considering increase to California minimum wage

Democratic Assemblyman Luis Alejo is attempting to raise California’s minimum wage by $1.25 over the next three years. [LA Times] Alejo, of Watsonville, is the sponsor of Assembly Bill 10, which could create the first raise in the state’s minimum... (Continue reading)

Bank mortgage settlements slow

Big banks nationwide are scrambling to comply with terms of a $20 billion mortgage settlement with homeowners, but only Bank of America has revealed details of progress with 164,000 of its customers. (San Francisco Chronicle) Officials of BofA said Wednesday... (Continue reading)

Governor predicts tax will set example

More states will follow California’s lead in raising taxes for the wealthy, Gov. Jerry Brown said Tuesday on CNN’s “State of the Union” with Candy Crowley. (Sacramento Bee) Voters approved Brown’s Prop. 30 by a wide margin last week. It... (Continue reading)

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