Wednesday, March 20, 2019
CLOSE
 
L.A. Area Chamber Applauds Gov. Gavin Newsom On Commitment to Renewing the California Dream
By Sentinel News Service
Published January 11, 2019

The Los Angeles Area Chamber of Commerce applauds newly elected Gov. Gavin Newsom on his commitment to cultivating a business climate in which businesses can grow and prosper, as well as his fiscally responsible proposed State budget. Gov. Newsom entered office with an estimated $14.8 billion budget surplus and his proposed budget is said to be one of the largest in recent State history.

“We are eager to work with Gov. Newsom and his team on this bold, new agenda, and are encouraged by his focus on addressing some of our state’s most significant challenges,” said L.A. Area Chamber President & CEO Maria S. Salinas. “The Governor’s budget reflects the paramount importance of addressing California’s housing and homelessness crisis. We commend the balancing of investments in housing production, emergency shelters, and supportive housing, combined with policy proposals to streamline approvals and enforce regional housing goals.”

In addition, recognizing that our economic growth will slow at some point, the Chamber was encouraged to see a budget which includes down payments on debt and unfunded retirement liabilities, ensuring the State is in a better position to face economic downturns.

As the State and region reap the benefits of a full-employment economy, we commend Gov. Newsom’s proposed investments in education, which will allow our businesses to acquire a skilled and qualified workforce. The new budget proposes significant cradle-to-career investments, particularly in early childhood education, which were significant parts of the cradle-to-career policy agenda that the Chamber proposed to the Governor’s transition team.

David Rattray, executive vice president of the Chamber’s Center for Education Excellence and Talent Development, pointed out that these proposed investments will expand access to a quality education, which will enable more low-income students to access high-wage employment and achieve upward socioeconomic mobility. Gov. Newsom has also proposed establishing a taskforce to consider different options at increasing paid family leave. “The L.A. Area Chamber has worked hard and will continue working to improve our local education and workforce development systems to better serve Los Angeles youth from infancy to college,” said Rattray.

“California is indeed the most creative and entrepreneurial engine of commerce in the world, and we are eager to observe how Gov. Newsom’s budget will enhance the lives of many and improve the State’s economy and well-being,” said Salinas

Categories: Business | Political
Tags: | | | | |

Get the Los Angeles Sentinel App!



Since 1933 The Voice of Our Community Speaking for Itself.
86 Years of LA Sentinel.
Black News.
SEARCH:    

Photo of the Day

Events

LA Sentinel
in your pocket:





WBOK 1230am
Real Talk For Real Times
A Bakewell Media Company

LA Watts Times


TOS-Cookbook-Web

© 2019 Los Angeles Sentinel All Rights Reserved • A Bakewell Media Publication

AboutArchivesContact UsCorrections & MisprintsMedia Kit

Terms of ServicePrivacy Policy

LA Watts TimesTaste of SoulWBOK 1230am

Close / I'm already on the list

Subscribe Today!

Don't be limited anymore! Subscribe Now »

** Existing subscribers, please Login / Register for Digital »

Subscribe to The Los Angeles Sentinel for only $5.99 $3.99 per month, with 1 month free!

Relax in comfort each week as you read the printed newspaper on your own time, delivered weekly to your home or office. This subscription also includes UNLIMITED DIGITAL ACCESS for all of your devices. Includes FREE shipping! One easy payment of $3.99/month gets you:

Subscribe Now »