The 2023-24 Budget: Considering Inflation's Effects on State Programs

Nov 16, 2022 - Given current elevated levels of inflation, we suggest the Legislature consider whether the current automatic program spending adjustments target additional resources to areas of legislative priori ty.
https://lao.ca.gov/Publications/Report/4647

Fixing Unemployment Insurance

Dec 2, 2024 - During the phase ‑in period, the state also entered the dot ‑com recession. These two cost pressures absorbed the remaining flexibility in the state ’s UI tax system. As  shown in Figure  4 , the state began this period in Schedule C but quickly moved to Schedule F+, the highest tax schedule, where it has remained since.
https://lao.ca.gov/Publications/Report/4943