California
Advocates say California should send $2,000 per child to poorest families
As Gov. Gavin Newsom and California lawmakers ponder the best way to ship the state’s surplus {dollars} again to Californians dealing with excessive gasoline costs and different rising prices of dwelling, one group of advocates is pushing for one more stimulus-like fee for the state’s poorest residents.
A coalition of anti-poverty organizations is asking for the state to ship a one-time fee of $2,000 per little one to households making as much as $30,000 a yr.
The proposal is sponsored by Assemblymember Miguel Santiago, a Los Angeles Democrat. It is meant to partially make up for the expiration of final yr’s expanded federal Youngster Tax Credit score funds. That growth gave as a lot as $3,000 per little one and $3,600 per little one underneath 6 to households making low and center incomes.
Researchers at Columbia College have discovered that the expanded little one tax credit score lowered little one poverty by greater than 26%, with better reductions amongst Black and Latino kids. Almost 90% of households spent the cash on primary prices resembling meals, clothes or hire, in response to the liberal-leaning Middle on Price range and Coverage Priorities (CBPP).
Advocates have raised alarms now that the growth of this system expired in December, citing CBPP figures displaying 1.7 million California kids are susceptible to falling again into poverty.
It was certainly one of a number of pandemic reduction applications that got here to an finish final yr, together with the Newsom administration’s Golden State Stimulus checks and enhanced unemployment advantages.
Santiago mentioned his proposal is a follow-up act on “the most important anti-poverty program we’ve had.”
“Once you’re making $30,000 or much less for a household, they want quick assist,” he mentioned.
His laws was heard Monday by the Meeting Income and Taxation committee, the place it awaits a vote. The measure would price $3.8 billion.
It’s the newest of a number of proposals for the way the state might spend down a $31 billion finances surplus projected by the Legislative Analyst Workplace.
Officers already are contemplating a number of rebate concepts probably affecting a wider pool of Californians, to assist them take care of inflation and the price of gasoline.
Newsom has proposed sending $400 debit playing cards to the homeowners of each registered automobile within the state, capped at $800 per particular person, in addition to $750 million to public transportation businesses to provide free rides for 3 months.
A gaggle of Democratic lawmakers needs to provide $400 rebates to all state taxpayers, no matter automobile possession. Each plans would price round $9 billion.
However Democratic leaders have balked at giving tax reduction to rich Californians along with these with extra modest incomes.
Meeting Speaker Anthony Rendon and Senate President Professional Tem Toni Atkins favor a $7 billion plan that may give at the least $200 rebates to households making as much as $250,000 a yr. In March Atkins mentioned she was centered on “making certain that state cash is focused to those that really want reduction.”
Advocates of the kid tax credit score thought say the highest precedence for the excess ought to be much more focused. The bottom earners are hit hardest by inflation and spend the most important share of their incomes on gasoline, in response to the Public Coverage Institute of California.
“We’re actually pushing for a concentrate on doing probably the most and as a lot as you may for the lowest-income households,” mentioned Teri Olle, California marketing campaign director for Financial Safety Mission Motion, a bunch advocating for money help applications. “We all know these are the households which can be hurting probably the most.”
A spokesman for Newsom didn’t touch upon the proposal however mentioned his rebate thought targets automobile homeowners no matter earnings as a result of it “is particularly meant to assist Californians dealing with elevated gasoline costs.”
This text is a part of the California Divide undertaking, a collaboration amongst newsrooms inspecting earnings inequality and financial survival in California.
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California
How California’s high-speed rail line will advance in 2025
California’s high-speed rail project, which aims to connect San Francisco and Los Angeles with a 494-mile route capable of speeds up to 220 mph, aims to continue construction in 2025.
Phase 1 of the project focuses on linking San Francisco in the north to Anaheim via Los Angeles in the south, with plans to extend the line north to Sacramento and south to San Diego in Phase 2.
The California High-Speed Rail Authority, which is overseeing the project says it has already generated significant economic benefits, including creating over 14,000 construction jobs and involving 875 small businesses.
But despite its transformative goals, the project remains politically contentious, with critics questioning its costs and viability. It has been in development since voters approved funding in 2008 and has faced delays, cost increases, and shifting timelines.
Work Planned for 2025
In a statement to Newsweek, the California High-Speed Rail Authority outlined its planned work for 2025, which focuses on continuing construction in the Central Valley between Merced and Bakersfield.
The 171-mile segment between Merced and Bakersfield will be the first part of the line to be operational, with services expected to start between 2030 and 2033. Of that section, 119 miles are currently under construction.
Of the planned structures in the Central Valley section, 85 are underway or completed out a total of 93 on the segment. Work will continue on these structures as well as on the tracks capable of handling high-speed trains.
By the end of 2025, civil construction on the 119-mile segment currently underway is expected to be completed and construction will begin on the next stretches to Merced and Bakersfield.
In 2025, the authority also plans to advance design and begin construction on its stations in the Central Valley. It also expects to select a manufacturer for the trains.
Although the initial operating segment will only run 171 miles from Merced to Bakersfield, environmental clearances have been obtained for 463 miles of the 494-mile Phase 1 route, completing the stretch between San Francisco and Los Angeles. Only the Los Angeles-to-Anaheim section is still awaiting approval.
The Authority said it plans to publish its draft environmental impact report for the Los Angeles-to-Anaheim section in 2025, a key milestone for the eventual full-approval of Phase 1.
More than $11 billion has been invested to date, with funding sources including state bonds, federal grants, and proceeds from California’s carbon emission trading auctions.
The authority has not yet received funding to construct the segments westwards from the Central Valley to the Bay Area or southwards to Los Angeles.
Despite this, the authority said it was committed to pushing on.
“California is the first in the nation to build a true high-speed rail system with speeds capable of reaching 220 mph,” the Authority told Newsweek. “The Authority remains committed and aggressive in moving this historic project forward while actively pursuing additional funding.”
Political Opposition to the Project
Despite ongoing progress, the high-speed rail project continues to face political opposition, particularly from Republican leaders.
While President Joe Biden’s administration has invested billions in it since 2021, the incoming Republican administration, which will control the House of Representatives, the Senate, and the presidency, is unlikely to continue funding it at the same level.
Representative Sam Graves of Missouri, who chairs the House Transportation and Infrastructure Committee, has criticized the project’s costs and funding strategies.
In a statement to Newsweek, Graves described the rail line as a “highly troubled project” and raised concerns about its reliance on government subsidies.
He pointed out that the current funding supports only a limited segment between Merced and Bakersfield, which he estimated will cost $35 billion.
“Full cost estimates [for Phase 1, between San Francisco and Anaheim] now exceed $100 billion and growing,” Graves said, calling for a comprehensive review of the project before any additional funding is allocated.
“California high-speed rail must have a plan and prove that it can wisely and responsibly spend government money—something it’s failed to do so far.”
The congressman stated that over the next four years, he would oppose any further federal funding for the California high-speed rail project.
Instead, Graves advocated for efforts to redirect unspent funds and focus on improving existing transportation infrastructure, such as Amtrak.
Graves also emphasized the need for private-sector involvement in future rail projects, citing Brightline’s operations in Florida and Las Vegas as a successful example of private investment.
While Graves acknowledged the potential of high-speed rail, he argued that the California project has failed to meet the necessary criteria for viability and local demand.
The authority told Newsweek it would engage with the federal government to seek other funding sources.
“We continue to explore strategies aimed at stabilizing funding, potentially allowing the program to draw private financing and/or government loans,” it said.
California
Hawaii resident flies to California to clear name from identity theft
HONOLULU (HawaiiNewsNow) – A Honolulu man who had his identity stolen had to fly to California to clear his name. He acted quickly to stop his bank account from being completely drained.
Jamie Dahl said he’s speaking out because identity theft can happen to anyone and he’s not sure how his personal information was stolen.
“I’m still mystified how he pulled it off,” Dahl said.
In late November, Dahl found some fraudulent charges on his credit card so he ordered a replacement card.
Two weeks later, he says went to his online bank account with Bank of America and discovered his identity had been stolen. The hacker had account access for instant money transfers.
“My phone number is missing, my email is missing, my mailing address. I live in Honolulu. It’s Mililani,” Dahl said.
He knew he was in trouble.
Dahl said two days after his discovered his identity had been stolen, he had to fly to California to clear his name because there are no Bank of America branches in Hawaii.
He brought several forms of ID to re-authenticate himself.
“It was just an incredible ordeal,” he said.
“The bad guys are shopping just like everybody else for Christmas,” said former HPD Deputy Chief John McCarthy, who investigated cybercrime.
McCarthy says check your bank account daily and having a local bank is helpful.
“If you don’t have a local bank, you are that much father away. I’ve had problems with banks that are on the East Coast,” he said.
“It takes a day to communicate with them, a day to get a response. That’s a lot of damage you can do in 24, 48, 72 hours,” McCarthy added.
McCarthy says most banks have streamlined their re-authentification process so you don’t have to see them in person.
Hawaii News Now contacted Bank of America to find out their process and are waiting to hear back.
Copyright 2024 Hawaii News Now. All rights reserved.
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