The consulting firm McKinsey and Co. recently released a widely reported survey that said almost a third of private-sector employers reported they will drop employee health insurance coverage when Obamacare’s government-managed insurance exchanges come online in 2014. The survey results exploded two major promises repeatedly made during and after the health care debate: “If you like your health plan, you can keep it,” and, “It will not add one penny to the deficit.” Read More
In latest quarterly survey by the National Association for Business Economics, the index that measures employment showed job growth for the first time in two years — but a majority of respondents felt the fiscal stimulus had no impact. Read More
In a major reverse from last year, San Francisco voters feel The City is headed in the wrong direction — especially when it comes to Muni service and public education — according to a poll released today by the Chamber of Commerce. Read More
Faced with an $8 million shortfall within the next two years, Daly City officials are asking residents for guidance on which city services should be cut and which spared.
As a result of the economic downturn, cities nationwide are facing financial hardships, said City Manager Pat Martel.
Daly City is expecting to have to make up to $8 million in cuts in the next two budget cycles, according to Martel. The city’s total budget is $98 million. Read More