Budget and Finance
Back to homepageSpecial Series: Local Governments Face Bankruptcy Quandary
Editor’s Note: This is the third in a CalWatchDog.com Special Series of 12 in-depth articles on municipal bankruptcy. MARCH 16, 2012 By JOHN SEILER Bankruptcy is the boogeyman haunting governments across America. It’s not a question of if more cities
Read MoreAB 1500 Would Kill More Calif. Businesses
MARCH 15, 2012 By KATY GRIMES The Assembly Speaker and fellow Democrats are aggressively pushing a dangerous business-killing bill, designed to penalize out-of-state businesses operating in California. Clearly, these legislators do not recognize the importance of all business contributions to
Read MoreMunger’s Tax Increase Doesn’t Add Up
MARCH 14, 2012 By WAYNE LUSVARDI Molly Munger’s proposed $10 billion school tax for the Nov. 2012 ballot had to be designed by a billionaire. It’s hard to know whether Munger designed the ballot initiative for the “Make a Wish
Read MoreDem Legislators Urge Cal State to Disclose True Amount of Executive Compensation
MARCH 13, 2012 By JOHN HRABE In response to a CalWatchDog.com investigation series, two Democratic state legislators are calling on the California State University system “to come clean with a complete and detailed look at just how CSU executives are
Read MoreCal State Lies About Receiving Transparency Award
MARCH 13, 2012 By JOHN HRABE Vox Veritas Vita — “Speak the truth as a way of life.” — Cal State University Motto From the Files of You Can’t Make This Stuff Up: A California government agency has lied about
Read MoreFour New California Cities Might Dissolve
Editor’s Note: Correction Below MARCH 13, 2012 By WAYNE LUSVARDI Newspapers across the United States have told of the financial plight of three cities in northern California facing possible bankruptcy: Stockton, Hercules and Lincoln. However, many may not be aware
Read MoreEureka! California Revenue Plunges 22%
MARCH 13, 2012 By CHRISS STREET State Controller John Chaing continues to uphold the California Great Seal Motto of “Eureka” — I have found it. But what Chaing is finding as controller is that California’s economy as measured by tax
Read MoreLegislators Flunk Cal State ‘Fuzzy Math’
MARCH 12, 2012 By JOHN HRABE Senate Republican leader Bob Huff flunked Cal State University’s “fuzzy math” and is calling for “substantial changes at the institution.” His action followed CalWatchDog.com‘s investigation into the system’s false and misleading information about the total
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Govt. Feeding Schoolkids ‘Soylent Pink’
John Seiler: Our colleague Dave Roberts today reported on how the California Legislature might ban food trucks within 1,500 feet of schools. The trucks are selling stuff kids like — burritos and burgers — instead of the tastless slop First
Read MoreSpecial Series: Broke Municipalities Look to Bankruptcy Option
Editor’s Note: This is the second in a CalWatchDog.com Special Series of 12 in-depth articles on municipal bankruptcy. MARCH 9, 2012 By STEVEN GREENHUT Economist Allan Meltzer once quipped that “Capitalism without failure is like religion without sin. It doesn’t
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