Weideman COVID-19 Update
June 18, 2021
Deal or No Deal
The Legislature passed a placeholder budget this week in order to meet the constitutional deadline of June 15th to pass a balanced budget. AB 128 (Ting) is the Legislature’s bicameral budget proposal, but it does not represent a budget deal with the Governor. Negotiations between the Governor and legislative leadership are ongoing around a final budget package that the Governor will actually sign. We expect the Legislature and Governor to reach a budget deal soon, but most of the details about how that money will be spent will be deferred to later enacted budget “trailer bills”.
The California Independent Systems Operator (CAISO) issued a flex warning this week as high temperatures will once again put a strain on the state’s electrical grid. Last year, a record breaking heat wave caused blackouts and led the Governor to direct regulatory agencies to investigate the cause. The state has since taken measures the Governor is confident will eliminate the blackouts, including increasing the state’s energy capacity, but experts are warning the grid still may be strained beyond capacity if California continues to break heat records. The Governor’s proclamation increasing energy capacity can be found here.
The Supreme Court of the United States upheld the Affordable Care Act (ACA) in a 7-2 decision this week. In his majority opinion, Justice Breyer stated that the plaintiffs in the case did not have legal standing to challenge the law as those who brought the case were not able to demonstrate harm. The decision marks the third time that the ACA has survived a challenge before the Supreme Court since former President Barack Obama signed the landmark legislation into law in 2010.
Yesterday, President Joe Biden signed
a bill into law declaring Juneteenth a national federal
holiday. Juneteenth National Independence Day will observe June
19th to commemorate the end of slavery in the United States. At
the signing ceremony, President Biden said that this moment “will
go down, for me, as one of the greatest honors I will have as
Welcome to the Team
Weideman Group is pleased to introduce our newest team member, Katey Patrick. Katey will help support the team and clients on research, tracking and administrative matters. She is a current Student at UC Davis (Go Aggies!) double majoring in International Relations and History, with a minor in Middle East and South Asian Studies. She works in broadcast journalism at KDVS 90.3 FM, the University’s student-run radio station, broadcasting news. Katey is from Yuba, California and hopes to enter the foreign service.