An Unhealthy Dependence on the Rich​​​​

Loren-Kaye-2015-300x300A robust rainy day reserve, which socks away unanticipated taxes, is the best hedge against a return to the bad old days of budget deficits. Loren Kaye in Fox and Hounds Daily​.

Loren Kaye was appointed president of the California Foundation for Commerce and Education in January 2006. He has devoted his career to developing, analyzing and implementing public policy issues in California, with a special emphasis on improving the state's business and economic climate. He also was a gubernatorial appointee to the state's Little Hoover Commission, charged with evaluating the efficiency and effectiveness of state agencies and programs. Kaye served in senior policy positions for Governors Pete Wilson and George Deukmejian, including Cabinet Secretary to the Governor and Undersecretary of the California Trade and Commerce Agency. See full bio.