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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

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

John September 22, 2015

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

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

John May 15, 2015

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

CA college costs pinch budgets

James Poulos March 16, 2015

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

New option could cut state retiree medical costs

John Seiler March 10, 2015

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

Treasurer Chiang talks taxes and the economy

Joel Fox March 2, 2015

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

Leg Analyst: Fix CA lost-and-found program

John February 24, 2015

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

Tom Steyer passes on U.S. Senate bid

John January 23, 2015

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

Top lawyer for controller benefits from much-criticized state perk

Chris Reed January 14, 2015

The state government’s practice of letting workers defy official state policy and pile up unused vacation days and cash them in upon retirement has been criticized on and off for years. California government watchdogs and journalists have outlined the budget

CA Democrats jockey to replace Boxer

John January 9, 2015

U.S. Sen. Barbara Boxer’s retirement announcement couldn’t come soon enough for the next generation of California Democrats, who’ve eagerly waited for the chance to move up. The 2016 election, according to the Associated Press, will be “a free-for-all among a new