Governor, Speaker Nunez File
Healthcare Funding Initiative
Shortly before the new year, Governor Schwarzenegger and Speaker Fabian Nunez submitted a ballot initiative that would fund the sweeping $14 billion healthcare proposal approved by the State Assembly earlier in December. To qualify for the November ballot, the funding measure would need to gather and submit 1.2 million valid signatures by April 21. The State Senate has not yet approved this measure and it will be debated in light of the $14 billion budget shortfall anticipated in 2008.
OCBC continues to support economically sound and reasonable reforms to California’s healthcare system, and urges that lawmakers not rush into policy that does not improve the system as a whole. Healthcare delivery is far too important an issue to be dictated by electoral deadlines, and OCBC will continue to work towards a final solution that maintains and improves business and economic competitiveness; maximizes free market options and choices; minimizes mandates upon employers, insurers, and providers; recognizes that there is a role for governments at all levels; and expands the availability of affordable health care coverage for all citizens.
[PRINTER FRIENDLY VERSION]
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