Budget and Finance

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VIDEO: John Allison — The Right Social and Economic Policies for Growth

Getting economic policy right is only part of the formula for long-term growth. The CATO Institute’s John Allison joins Brian Calle to discuss the right business environment for long-term growth.

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CalPERS numbers attract fresh scrutiny

The California Public Employees’ Retirement System looks to see 2015 as another controversial year, especially around four budding controversies. First, attention has focused in recent weeks around the way CalPERS pays its board members and executives. An investigation by the Sacramento Bee

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CA budget worse despite $2 billion new revenue

  California’s budget picture is sort of like that old Sandy Dennis high-school movie, “Up the Down Staircase.” Going up: Legislative Analyst Mac Taylor just reported tax receipts jumped $2 billion over projections in the fiscal 2014-15 budget the Legislature passed, and Gov.

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Vallejo’s struggles capture CA city perils

After three years spent in bankruptcy, 2008-11, running the city of Vallejo is still a struggle. Facing a weakened police force and a failed experiment in citizen-driven budgeting, Vallejo’s structural challenges have persisted. In the wake of the pension crisis that helped

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Higher tuition hikes — for what purpose?

  Last week, on a post-election panel presented by Capitol Weekly, I raised the issue of potential tax increases being contemplated by public unions and other groups in the next election and said that one of the reasons more revenue

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L.A. city spat pits Wall Street against unions

The latest twist in Los Angeles city politics has shed light on an important new trend in fiscal politics. With new urgency, a coalition of public workers unions has demanded Mayor Eric Garcetti and other city leaders scuttle longstanding financial

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See tax increases, think pensions

  Despite the ridicule heaped on bonuses offered public workers for simply doing their jobs – just one prime example: a librarian earning a bonus for helping members of the public find books – the California Retirement System board last

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SEC commissioner warns of financial crisis

  Much of the country, and especially California, has yet to fully recover from the Great Recession, which officially ended in June 2009. But recent federal government actions may be leading us into another financial crisis. That was the warning

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VIDEO: The Truth (and Lies) about Income Inequality, with Grover Norquist

Want to solve income inequality? Washington can’t do it by hiking taxes. CalWatchdog.com editor Brian Calle discusses with American for Tax Reform president Grover Norquist.  

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Controller’s website opens local governments’ books

State Controller John Chiang continues to deliver on his promise of government transparency. The state’s chief financial officer announced Monday a new open-data website that provides Californians with more than a decade’s worth of financial data for local governments. The

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