Editorial: Business leaders need to help fix state budget
More than any other interest group, the titans who run companies in Silicon Valley and Southern California have the ability to bridge the partisan divide in Sacramento and demand short-term and long-term solutions to California’s fiscal meltdown. They also have a huge stake in the outcome. Growing businesses need engineers, trained workers and a university system that serves as an incubator for research and development. All that is threatened if lawmakers slash funding for schools, universities and community colleges to balance the budget. To date, the business lobby has focused largely on stopping proposals they don’t like – such as Legislative Analyst Liz Hill’s proposal to reduce the research tax credit. What’s missing is a unified voice for reform.
Read full article [here].
by The Editors, The Sacramento Bee.