From the State Controller: https://www.sco.ca.gov/eo_pressrel_27525.html
Building on her release of California’s timely audited financial statements ahead of major budget decisions, California State Controller Malia M. Cohen today announced the formation of her Council of Economic Advisors to provide evidence-based insights, and practical and actionable policy recommendations on crosscutting issues that affect the state’s fiscal condition.
Chaired by Dr. Jerry Nickelsburg, UCLA Anderson Forecast Faculty Director Emeritus, the Controller’s Council of Economic Advisors includes six experts who will advise the Controller on global, national, state and local fiscal concerns. Together, the panel will assess California’s economic performance throughout its regions and industries and recommend data-driven policy solutions to address major statewide challenges including in affordability, tax policy, healthcare, education, small business development, workforce development and equitable growth.
“While we continue to reimagine financial transparency in order to give Californians a clearer understanding of the state’s financial condition, we need to call upon expert talent that has its fingers on the pulse of what is driving global, national, statewide and regional markets, and how it affects our state’s competitiveness as the world’s fourth largest economy,” said Controller Cohen. “The members of this Council of Economic Advisors have graciously agreed to share their objective and independent economic analysis and recommendations on issues that significantly affect Californians, our diverse regions, and our state’s revenues today and in the future. I wholeheartedly thank them for agreeing to serve in this important role.”
By combining rigorous economic expertise with real-time fiscal data – including daily and monthly cash receipts and expenditure data from the State Controller’s Office – the council will serve as a trusted resource for the State Controller in championing policies that safeguard California’s fiscal health and promote statewide economic opportunity.
“On behalf of this Council of Economic Advisors, we are honored to individually and collectively provide Controller Cohen and her office with economic insights, evidence, and related recommendations that may have a critical impact on California, it’s residents and the state’s limited financial resources,” said Dr. Nickelsburg...
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