Antonio‌ ‌Ray‌ ‌Harvey‌

Inflation Worries Grow as California Legislature Approves State Budget

During the public comment section of the Assembly Budget Committee hearing on June 13, Adrian Mohammed, an African American representative of the Bay Area Health Initiative spoke about the exclusion of a $500 million proposal to address Black housing and anti-displacement in the Bay Area in the budget the Legislature passed. “We believe that this is an incredibly timely and incredibly necessary ask and we ask that you continue to work with us to get this to come to fruition,” Mohammed told lawmakers.

Published

2 years ago

June 28, 2022

Oakland Post

If the governor approves the budget, it will take effect July 1, the beginning of the 2022-23 fiscal year. However, negotiations are expected to continue through the end of August as lawmakers hammer out final details.

By Aldon Thomas Stiles and Edward Henderson, California Black Media

Diane Lanette Barkum is an in-home care provider and mom of three. She commutes about 40 minutes every workday between the Riverside County cities of Lake Elsinore, where she lives, and Moreno Valley, where she works.

Over the last few months, Barkum says she has been stressed and scraping by, struggling to balance sharp increases in the cost of gas and food with making enough money to pay for other expenses.

“What worries me most about rising prices is that they’ll continue to rise, making it more difficult for low-income working parents to be able to support their families,” she said.

Terence Henry, who lives in Patterson in the Central Valley, used to drive 77 miles to the Bay Area to make deliveries as an independent contractor. He says the high cost of gas forced him to give up the job late last year and opt for only making local runs.

“It used to cost me about $50 each way to fill up the tank to get to Oakland, San Francisco and other cities,” he said. “It just was not worth it anymore. I was losing money.”

Barkum says she hopes there is relief around the corner for people like her who are working hard, raising children and still unable to make ends meet.

Barkum and Henry are not alone. According to the Public Policy Institute of California, 27% of Californians say jobs, the economy and inflation are their top concern over housing costs and availability (12%) and homelessness (11%).

Across the United States, the inflation rate is 8.6% — up from 4.7% last year, according to the U.S. Department of Labor. And the American Automobile Association reports that the average price per gallon of regular gas in California has risen above $6. Several economists agree that the effects of inflation hit poor and working-class families the hardest.

In Southern California, the inflation rate in Riverside and San Bernardino counties in the Inland Empire has risen to 9.4%, according to the UCLA Anderson School of Management. That number is among the highest of increases in the country.

Last week, the California Legislature approved a record $300 billion-plus budget for the next fiscal year, the largest annual spending plan in the state’s history. The package includes a surplus of close to $100 billion dollars, half of which must be used to fund schools by law.

Included in the budget are plans to spend the other half. So far, legislators have allotted $8 billion in rebates to taxpayers. Another $1.3 billion has been designated for grants to small business and non-profit organizations. Another $600 million has been specified for tax credits to the lowest-income Californians.

While lawmakers – both Democrats and Republicans – and the governor’s office agree that addressing spiraling inflation is urgent, they have not reached agreement on how to provide relief to struggling families.

Anthony York, Newsom’s senior advisor for communications, said in a statement that the governor still wants “more immediate, direct relief to help millions more families with rising gas, groceries and rent prices.”

At the federal level, U.S. Federal Reserve Chairman Jerome Powell approved a three-quarter (0.75) percentage point rate hike — the highest single percentage rate increase since 2008.

“African American-owned businesses and families are experiencing the damaging effects of inflation including the current interest rate increase instituted by the Federal Reserve Board.

“It is important for financial institutions to work with Black-owned businesses and their families to help navigate the rising cost of capital needed to operate and sustain all businesses,” said Timothy Alan Simon, board chair of the California African American Chamber of Commerce.

By statute, Newsom has until June 30 to veto the legislators’ budget bill or sign it into law.

“We believe that this is an incredibly timely and incredibly necessary ask and we ask that you continue to work with us to get this to come to fruition,” Mohammed told lawmakers.

On June 15, Republican leaders held a rally at the State Capitol blasting their Democratic colleagues for their inaction on addressing the high cost of gas.

“Legislative Republicans are gathered here to remind Californians that it has been 100 days since the governor and the Democrats here in Sacramento promised California consumers relief on gas prices. One hundred days is far too long,” said Assemblymember James Gallagher (R-Yuba City). After 100 days, we are still waiting with no relief in sight. We need action now. We’ve been calling since January to suspend the gas tax.”

Senate Pro Tem Toni Atkins (D-San Diego) said the state’s wealth needs to work for hardworking Californians. She pointed to a provision in the budget that provides $200 rebates to working families earning up to $250,000 a year and $125,000 for single filers.

“We are focused on providing struggling families the relief they need to weather rising costs of fuel and groceries, investing ongoing funding in core programs and services, funding one-time infrastructure projects that will keep California moving for years to come,” she said.

Assembly Speaker Anthony Rendon (D-Lakewood) echoed Atkin’s optimism.

“We share a firm belief that our state is strongest when it cares for the weakest among us,” said Rendon. “Our budget proposal continues to lay the groundwork with infrastructure and other investments for future prosperity.”

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Antonio‌ ‌Ray‌ ‌Harvey‌

Will Gov. Newsom’s New Film and TV Tax Credit Prioritize Diversity?

Assemblymember Mike Gipson (D-Carson), a member of the California Legislative Black Caucus (CLBC) says he supports Gov. Gavin Newsom’s proposal to expand the state’s Film and Television Tax Credit Program from its current $330 million annual budget allocation to $750 million. Gipson, who is chair of the Assembly Committee on Arts, Entertainment, Sports, and Tourism, says, historically, that tax credit has aimed to increase diversity, equity, and inclusion” as outlined in SB 132.

Published

2 months ago

November 6, 2024

Oakland Post

Asm. Mike Gipson (D-Carson). File photo.

By Antonio Ray Harvey, California Black Media

Gipson, who is chair of the Assembly Committee on Arts, Entertainment, Sports, and Tourism, says, historically, that tax credit has aimed to increase diversity, equity, and inclusion” as outlined in SB 132.

He’s counting on it to continue making diversity a priority.

“The Legislature finds and declares an overall trend toward increasing diversity based on existing research on diversity in the motion picture production and television industry,” the bill language states.

In a statement, Gipson told California Black Media (CBM) the tax credit, “would allow our state to be more competitive against states with tax incentive programs of their own, such as Georgia, New York, and New Mexico.”

“The film and television industry is iconic to California, impacting thousands of jobs for below-the-line workers on film and television crews, as well as many others working in hair and make-up, food services and transportation, costume and set design, and more,” Gipson continued.

According to the Governor’s office, the increase would uplift the state for capped film incentive programs, surpassing other states. Gipson says he agrees with Newsom’s assessment and the notion that the program would bring more business back to California.

“California is the entertainment capital of the world, rooted in decades of creativity, innovation, and unparalleled talent,” said Newsom on Oct 27 in L.A. at the unveiling of the tax credit.

Newsom’s tax credit proposal is expected to appear as a bill during the next legislative session, raising concerns about diversity, equity, and inclusion for some lawmakers and advocates.

Gipson’s CLBC colleagues Sen. Lola Smallwood-Cuevas (D-Los Angeles) and Assemblymember Tina McKinnor (D-Inglewood) led a faction of legislators who demanded answers from Hollywood last year after several Black women left high-profile executive positions in Hollywood.

A number of those Black executives who left those prominent roles were leading DEI initiatives at major entertainment companies such as Netflix, Disney, British Broadcasting Company, Warner Bros., and the Academy of Motion Pictures Arts and Sciences.

Speaking on behalf of Black, Indigenous, and People of Color (BIPOC) employed in the industry, McKinnor and Smallwood Cuevas insist on holding television and film studio executives accountable as they benefit from taxpayer support but often appear reluctant to support Diversity, Equity and Inclusion initiatives.

“I was highly offended to see the industry’s response to a $1.6 billion tax subsidy by quietly eliminating Black women from executive positions with a number of studios,” said McKinnor. “Many of these women were involved in their studios’ diversity, equity, and inclusion efforts, which raises a serious question about their commitment to diversity, equity, and inclusion in the film industry.”

The legislation for this year’s tax credit program has not been written, but Gipson’s staff has indicated that he will not introduce it – even though the issue is close to his heart.

“I applaud the work being done by the California Film Commission, the studios, and the entertainment unions, and I look forward to supporting this proposal next year as it moves through the legislative process,” Gipson said.

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Antonio‌ ‌Ray‌ ‌Harvey‌

Feds: California Will Be Home to New National Semiconductor Technology Center

California was chosen by the U.S. Department of Commerce (Commerce) and Natcast, the operator of the National Semiconductor Technology Center (NSTC) to be home to the headquarters for the National Semiconductor Technology Center – as part of the Biden-Harris Admin’s CHIPS and Science Act. The CHIPS for America Design and Collaboration Facility (DCF) will be one of three CHIPS for America research and design (R&D) facilities and will also operate as the headquarters for the NTSC and Natcast.

Published

2 months ago

November 6, 2024

Oakland Post

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By Antonio Ray Harvey

The CHIPS for America Design and Collaboration Facility (DCF) will be one of three CHIPS for America research and design (R&D) facilities and will also operate as the headquarters for the NTSC and Natcast.

“We are thrilled that the Department of Commerce and Natcast chose to locate this critically important facility in Sunnyvale, the heart of the Silicon Valley, alongside the world’s largest concentration of semiconductor businesses, talent, intellectual property, and investment activity,” said Dee Dee Myers, Senior Economic Advisor to Gov. Gavin Newsom and Director of the Governor’s Office of Business and Economic Development (GO-Biz). “The Newsom Administration and our partners across the industry know how important it is to shorten the timeframe from R&D to commercialization.”

According to GO-Biz, the DCF is expected to direct over $1 billion in research funding and create more than 200 employees in the next decade. The facility will serve as the center for advanced semiconductor research in chip design, electronic design automation, chip and system architecture, and hardware security. The CHF will be essential to the country’s semiconductor workforce development efforts.

As detailed in the released NSTC Strategic Plan, the DCF will suppress the obstacles to “semiconductor prototyping, experimentation,” and other R&D activities that will enhance the country’s global power and leadership in design, materials, and process innovation while enabling a vigorous domestic industr“Establishing the NSTC headquarters and design hub in California will capitalize on our state’s unparalleled assets to grow a highly skilled workforce and develop next-generation advancements,” stated U.S. Sen. Alex Padilla (D-Calif.). “This CHIPS Act funding will propel emerging technologies and protect America’s global semiconductor leadership, all while bringing good-paying jobs to our state.”

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Antonio‌ ‌Ray‌ ‌Harvey‌

Black Leaders, Political Orgs, Sound Alarm About Project 2025

With the general elections just a few days away, Black organizations and leaders, including Rep. Maxine Waters (D-CA-43), are sounding the alarm about Project 2025, the Heritage Foundation’s controversial “policy bible.” The four-pillar initiative includes a detailed blueprint for the next conservative presidential administration – making way for a sweeping overhaul of the executive branch.

Published

2 months ago

November 4, 2024

Oakland Post

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By Antonio Ray Harvey, California Black Media

With the general elections just a few days away, Black organizations and leaders, including Rep. Maxine Waters (D-CA-43), are sounding the alarm about Project 2025, the Heritage Foundation’s controversial “policy bible.”

The four-pillar initiative includes a detailed blueprint for the next conservative presidential administration – making way for a sweeping overhaul of the executive branch.

Waters has been outspoken in her opposition of the 900-page policy.

Recently, she shared “The People’s Guide to Project 2025” with the Inglewood Area Ministers Association, an organization of predominantly Black pastors, to inform them about the proposal’s impact, emphasizing that its influence would reach beyond the traditional spheres of presidential power. The 15-term politician from Los Angeles shared her sentiments with the House Financial Services Committee in July.

“Project 2025 promotes radical ideals to materially undermine the Federal Reserve, if not effectively abolish it,” Waters said.

Written by the Heritage Foundation, Project 2025 was developed with the input of a broad coalition of conservative organizations and is organized around four pillars: Policy, Personnel, Training, and the 180-Day Playbook. The proposals in the document aim to revamp every aspect of the U.S. government.

Waters is not the only person sounding the alarm about Project 2025’s agenda. Grassroot organizations in California and across the nation are preparing to combat the initiative despite who wins the election between Trump and U.S. Vice President Kamala Harris.

The National Assembly of American Slavery Descendants (NAASD), members of advocacy groups in California, and other Black political organizations across the nation are drawing up policy documents to counter the conservative Project 2025 initiative.

On Aug. 2, NAASD hosted a nationwide ZOOM conference call to discuss policies that concern Black communities.  Nocola Hemphill, the president and chief executive officer of the U.S. Black Women’s Chamber, and grassroots organizations on the call are promoting what they call, #Reparations2025.

“I just want us to think about bringing all policies (ideas) together when we think about Project 2025,” said Hemphill, who lives in South Carolina. “I am excited about the possibility of us forming our own version of Project 2025 and having it published by the November election.”

NAASD is a nonprofit association of community activists from across the country that formed around May 2019.

Los Angeles resident Khansa “Friday” Jones Muhammad is the president of NAASD.

“The National Assembly of American Slavery Descendants (NAASD) envisions a nation where African American descendants of US slavery can fully exercise their constitutional citizenship rights and have economic agency for generations,” Muhammad told California Black Media (CBM).

While forming an agenda for #Reparation2025, NAASD has created a survey to determine how systemic racism and discrimination in the United States have affected Black American lives and single out options to repair harms through public policy. Participants in the survey would help the organization shape a national blueprint.

“During this election cycle, it is imperative that national Black organizations come together for collective success,” Muhammad shared with CBM. “While the vote for President of the United States is important, we need to also focus on other active projects such as ‘Project 2025,’ Supreme Court rulings around race and more.”

Muhammad added, “NAASD’s Black experience survey allows for individuals, Black organizations, and their allies to forge a pathway to reparations by utilizing community-building and policy.”