Tag "John Chiang"

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Dems jockey to succeed Brown

The competition to replace Gov. Jerry Brown in 2018 has already heated up, with five prominent California Democrats already campaigning or angling to throw their hat in the ring. Along with Lt. Gov. Gavin Newsom, who sought to get ahead of

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CA infrastructure spending hits impasse

With big infrastructure questions still unanswered, Gov. Jerry Brown has found himself at loggerheads with lawmakers in Sacramento. From water storage to road repair and beyond, legislators have not met Brown eye to eye, raising the prospect of a protracted conflict

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Voters will confront more bonds on 2016 ballot

State Treasurer John Chiang issued a report recently that praises California’s fiscal strides in dealing with debt but also raises warnings that the state is still in the deep end of the debt pool. The issue of debt will be on

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State Treasurer refinances state bond debt, saves taxpayers $270 million

The State of California has found a way to save $270 million — without budget cuts or raising taxes. State Treasurer John Chiang recently announced that his office had completed the sale of $1.93 billion in general obligation bonds, which

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U.S. Senate 2016: Loretta Sanchez announces campaign for Boxer’s seat

Flanked by a group of supporters at the Santa Ana train station, Congresswoman Loretta Sanchez, D-Garden Grove, officially launched her campaign to succeed retiring U.S. Senator Barbara Boxer. Thursday’s announcement, one day before the California Democratic Party’s spring convention, sets up

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CA college costs pinch budgets

With the University of California system in the midst of a tense tuition standoff, budgets have come under renewed pressure in recent weeks. Not only schools, but students and parents, have felt the pain. As CalWatchdog.com has been reporting, the UC system

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New option could cut state retiree medical costs

Fairly well known is California’s state and local pension problem, as much as $500 billion according to a 2011 Stanford University study. Less well known is the coming acute shortage in medical care for such retirees. Last December, Controller John

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Treasurer Chiang talks taxes and the economy

  With the rising conversation about extending Proposition 30‘s temporary taxes, I asked state Treasurer John Chiang if he would advise that the taxes be continued. Chiang said a promise was made that the taxes would be temporary and circumstances would

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Leg Analyst: Fix CA lost-and-found program

California needs to find ways to improve its lost-and-found program. That’s the conclusion of a new report by Legislative Analyst Mac Taylor. He reviewed the state program for returning unclaimed property to its rightful owners. At the end of 2014, the state

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Tom Steyer passes on U.S. Senate bid

Billionaire climate change activist Tom Steyer has decided not to run for U.S. Senator Barbara Boxer’s seat in 2016 when she retires. After two weeks of almost daily speculation of “will he or won’t he,” Steyer announced his decision in a blog

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