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Assembly subcommittee flunks UC budget

Tuition hikes marched to the head of the class at a recent hearing of California Assembly Budget Subcommittee No. 2 on Education Finance. Assembly members balked at a 28 percent tuition hike advanced by UC President Janet Napolitano and approved by the University of

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The economics of football stadiums

CalWatchdog.com has run several stories on the National Football League’s maneuvers with the Los Angeles market, which currently doesn’t have a team. It’s worthwhile to step back a little and consider the economics of sports stadiums, which has been studied thoroughly

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Appellate court pulls plug on utility charge

  Taxes are taxes – even when collected by a city on a municipal service. That’s the recent ruling by California’s 3rd District Court of Appeal enforcing two tax-limitation initiatives, Propositions 13 and 26. The action threatens a source of revenue

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Entrepreneurs fret over CA business climate

Although California’s economy is finally picking up after seven years of recessionary blues, many small business owners continue to feel government is hurting more than helping them. That was one of the messages from entrepreneurs at a Feb. 11 hearing

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Prop. 47’s drug-law reforms inject controversy

California’s decision to reduce sentences for some drug and property crimes has been heralded as a much needed reform of the criminal justice system. While it’s too soon to know what effect the measure is having on crime, critics charge it could jeopardize

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Reaching 50 percent renewable goal won’t be easy  

Yesterday Democratic leaders in the California Senate introduced a series of bills to move the state to a goal of 50 percent renewable energy by 2030. That would be an increase from the current goal of 33 percent by 2020. The goal also

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Soaring costs vex health care witnesses

The escalating cost of health care is making sick patients wait until they get sicker before receiving the medicine that would cure them. That was one of the warnings from a Feb. 4 California Senate Health Committee hearing titled, ”Making Health Care Affordable:

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Fresno beats SF, San Jose in economic growth

The gleaming high-tech companies of San Francisco and Silicon Valley now are California’s face to the world — even more than Hollywood. But — surprise! — an updated Brookings Institution study found the inland metropolitan areas of California beat out the

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Comparing CalPERS and CalSTRS with AT&T retirement

Following yesterday’s CalWatchdog.com story, “State pensions improve, but members living longer,” it would be useful to compare California’s two large state retirement funds with a roughly equivalent private one, AT&T. Most private companies have switched to “defined contribution” pension plans, in

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State pensions improve, but members living longer

Is it morning in California for the California Public Employees’ Retirement System and the California State Teachers’ Retirement System? Both CalPERS and CalSTRS’ funds have performed better lately, even as members are living longer. CalPERS is doing much better since 2008,

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