CalChamber President Issues Statement on Governor Brown’s Proposed 2016-17 Budget

Contact: Denise Davis

SACRAMENTO, CA — California Chamber of Commerce President and CEO Allan Zaremberg today released the following statement on Governor Edmund G. Brown Jr.’s proposed 2016-17 budget:

“The California Chamber of Commerce applauds California Governor Jerry Brown’s leadership and vision in proposing the 2016-2017 State Budget. We are pleased that the Governor underscored his commitment to long-term budget stability and protecting the state’s solvency. His call for budget restraint should comfort Californians from the threat of new taxes. In addition, we are pleased that the Governor has found a way to avoid a reduction in federal Medi-Cal matching funds without adding costs to health plans that would have increased premiums to responsible California employers. Although we need to review the final language, we should all be supportive of an approach that addresses a funding shortfall that doesn’t add to employer health care costs. Finally, we are heartened that the Governor highlighted the critical need to address maintenance of California’s transportation infrastructure.”

The California Chamber of Commerce (CalChamber) is the largest broad-based business advocate to government in California. Membership represents one-quarter of the private sector jobs in California and includes firms of all sizes and companies from every industry within the state. Leveraging our front-line knowledge of laws and regulations, we provide products and services to help businesses comply with both federal and state law. CalChamber, a not-for-profit organization with roots dating to 1890, promotes international trade and investment in order to stimulate California’s economy and create jobs. Please visit our website at www.calchamber.com.

#####