Budget and Finance
Back to homepageTax hike won’t solve Cal State’s budget problems
Oct. 8, 2012 By John Hrabe Congratulations or condolences? It’s hard to say which is more appropriate for Timothy P. White, the newly appointed Chancellor of the California State University system. White takes over the top job at the country’s
Read MoreGiveaway almost becomes law
Oct. 8, 2012 By Steven Greenhut SACRAMENTO — If California voters grant the state government the billions in higher taxes in Proposition 30 that Gov. Jerry Brown and legislative Democrats have been demanding, those same officials might be expected to
Read MoreGovernment ‘investing’ in government
Oct. 6, 2012 By Katy Grimes In order to stimulate the inert economy, we now have the government investing in government. The public sector is trading public dollars for public dollars. “How will you spend your future?” the California State
Read MorePolitics driving CA pension investments
Oct. 5, 2012 By Joseph Perkins The California State Teachers’ Retirement System announced this week that it is sinking $42.8 million into four infrastructure projects, including a solar power plant near Sacramento. That follows CalSTRS’ previous “investment” in another solar-power
Read MorePublic employee pensions: Some contracts are more sacred than others
Third in a series on public pensions. The first is here and the second here. Oct. 5, 2012 By Mark Cabaniss On Wednesday, the city of Atwater declared a fiscal emergency, putting it on the path to become the fourth California city
Read MoreChris Reed talks Props 30, 38 on National Public Radio
Oct. 5, 2012 CalWatchdog contributor Chris Reed was on “Which Way, L.A.?” on KCRW on Thursday to talk about why Propositions 30 and 38 deserve to fail. KCRW is one of the most popular NPR stations in the nation. Reed
Read MoreThe ‘nut graph’ you’ll never see in a state government story
Oct. 1, 2012 By Chris Reed On Sunday, as I read iconoclastic pollster Pat Caddell‘s sharp, persuasive tirade documenting the many issues where the national media have spared the public from the details of the Obama administration’s venality and incompetence,
Read More