Investigation-April, 2012

Los Angeles teeters on the brink of bankruptcy

Monday, April 30th, 2012

April 30, 2012 By Brian Calle Taxpayers in Los Angeles are facing a major crisis if Mayor Antonio Villaraigosa and other officials do not begin to address the systemic, structural issues putting the city on the fast track to economic upheaval. The situation is similar to that in other California...

Prop. 25 never promised accountability

Monday, April 30th, 2012

April 30, 2012 By Katy Grimes California voters were duped by Democratic politicians, and they will probably do it again. Proposition 25, the "no budget, no pay" measure, was the creation of über liberal former state Sen. John Burton. Prop 25 was sold to voters as an accountability measure in ...

The Prop. 25 bait and switch

Friday, April 27th, 2012

April 27, 2012 By Joseph Perkins For years, Sacramento’s tax-and-spend Democrats tried to figure out a way to persuade California voters to amend the state Constitution to require a simple -- rather than two-thirds -- majority of the Legislature to pass the state budget. In 2010, they finally h...

Warning for CA: Harrisburg confronts bankruptcy

Tuesday, April 17th, 2012

Editor’s Note: This is the seventh in a Special Series of 12 in-depth articles on municipal bankruptcy. In a warning for California, it examines the bankruptcy of Harrisburg, Pa. April 17, 2012 By Tara Leo Auchey What happened in Harrisburg, Pa.? One day there was nothing but mu...

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