Economy

California Aims to Phase Out New Gas-Powered Vehicles by 2035

Governor Gavin Newsom yesterday issued an executive order that directs the state to require that all new cars and passenger trucks sold within California...
CalChamber Advocacy

CalChamber Statement on Governor’s Executive Order Phasing Out Gasoline-Powered Cars

The California Chamber of Commerce has issued the following statement in response to Governor Gavin Newsom's executive order on climate change policy, including phasing...

Ads Highlight Problems with Prop. 15 Split Roll

With just weeks remaining before the November 3 general election, the broad-based campaign opposing Proposition 15 is highlighting reasons to vote against the split...

To ‘V’ or Not to ‘V,’ That is the Question…

The COVID-19 induced recession of 2020 began with the ferocity of an unexpected tsunami smashing onto the shore—one month the economy was fine, the...

California’s Export Trade Resurgent in Latest Numbers

Below are excerpts from Beacon Economics’ monthly California Trade Report, which analyzes data released by the U.S. Census Bureau’s Foreign Trade Division and pinpoints...

Legislature Fumbles Chance to Boost Economic Recovery

The California Legislature fumbled a chance to boost economic recovery in the state by choosing the easy path: business-as-usual. Facing the three horsemen of the...

Strong Campaign Needed to Stop Proposition 15 Split Roll Tax Proposal

The California Chamber of Commerce and a coalition of business and taxpayer groups are leading a strong effort to defeat the split roll property...

Job Killer Bill Update: One Stalled, Others Moving

Legislation that will kill thousands of high-paying jobs narrowly failed to pass a Senate policy committee this week. Last week, the California Chamber of...

The People’s Voice: Coronavirus Edition

California voters are understandably anxious about the health and economic crises facing families and workplaces. The California Chamber of Commerce commissioned a brief survey...

How to Sabotage a Recovery: Raise Taxes

Even before COVID-19, many Californians were struggling with the high cost of living here. The long-time willingness of many Californians to pay the “sunshine...

New Job Killer Bill Increases Taxes on Small Business During Economic Crisis

A bill that will impose a massive retroactive tax increase on California’s small businesses and taxpayers has been added to the California Chamber of...

Signed Budget Package Raises Taxes, Awaits Action by Congress

Governor Gavin Newsom signed 20 bills on Monday that established and implemented the 2020–21 state budget. Even after enacting hundreds of pages of new...

New Job Killer Bill Would Devastate Small Employers in California

A bill requiring that all employers provide 12 weeks of protected family leave and includes a private right of action has been labeled a...

CalChamber Adds SB 1383 (Jackson) to Job Killer List

Proposal Will Devastate Small Business in California The California Chamber of Commerce today announced that SB 1383 (Jackson; D-Santa Barbara) has been identified as a...

Post-COVID-19 Economy: Case for the ‘V’

Overview: Is Hysteria the New Normal? The good news is that the number of new, confirmed cases of the coronavirus in the United States has,...

Too Soon for Taxes in State Budget

Despite facing a June 15 deadline to pass a state budget, Governor Gavin Newsom and legislative leaders are, prudently, deferring a number of major...
CalChamber Advocacy

CalChamber Board of Directors Votes to Support The Protect App-Based Drivers and Services Act...

The California Chamber of Commerce today announced that it is in support of The Protect App-Based Drivers and Services Act Initiative following a vote...

Job Killer Bills Dramatically Increase Workers’ Compensation Costs

Two California Chamber of Commerce-opposed job killer bills that will substantially increase workers' compensation costs by establishing a "conclusive presumption" of workplace injury for...

Job Killer Bill Allowing Local Government to Adopt Stricter Labor Standards to Be Heard...

A job killer bill that would result in chaotic and inconsistent enforcement of wage and hour laws by local jurisdictions by authorizing them to...

Job Killer Bill Will Limit Lending Opportunities for Californians

A bill that will limit the financial opportunities for Californians, further harming the housing market and creating job loss is advancing in the Assembly. AB...