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Back to homepageCalPERS ignores Legislature on Iran
Feb. 25, 2010 By KATY GRIMES Nearly three years ago, California legislators passed AB221 requiring the sale of investments in Iran. In a hearing yesterday at the Capitol, California Public Employee Retirement System (CalPERS) representatives made clear to legislators that
Read MoreDid schools win state lottery?
Feb. 25, 2010 By KATY GRIMES In an effort to shore up some of the state’s record deficit, a bill heard this week would require more money from the State Lottery be spent on schools and less on lottery administration.
Read MoreCalifornia's business exodus
Feb. 25, 2010 By KATY GRIMES According to Joe Vranich, a business relocation specialist located in Southern California, his business is booming helping businesses move out of California, and not into the state. For the rest of California businesses, the
Read MoreState selling properties to raise cash
Feb. 23, 2010 By KATY GRIMES With the state of California selling off property to raise cash in the face of the $24 billion deficit, 11 office-building complexes are for sale, which will then be leased back to the state for 20
Read MoreJobless victims stagger California
Feb. 21, 2010 By JOHN SEILER As state legislators and Gov. Arnold Schwarzenegger continue to work on the state budget for fiscal year 2010-11, which begins July 1, they will be looking at how their actions affect the entire state
Read MoreAssembly, Senate embrace filing rule
Feb. 19, 2010 By ELISE VIEBECK After a unanimous vote by the Assembly this week, a small administrative code revision will absolve state agencies of complying with reporting requirements deemed unnecessary or obsolete. The law, previously approved by a 35-0
Read MoreIncentives eyed to spur job growth
Feb. 18, 2010 By KATY GRIMES In spite of the federal stimulus money invested in California, unemployment is still in double digits and will remain so for a couple more years, according to state economic experts. Consequently, talk of jobs
Read MoreJessica's Law flaws debated
Feb. 17, 2010 By ELISE VIEBECK Officials at a Senate hearing yesterday questioned the effectiveness of Jessica’s Law, the 2006 ballot initiative passed to reduce recidivism among paroled sex offenders. Critics say that for all its popularity — the measure
Read MoreForbes publisher assesses state decline
Feb. 16, 2010 By KATY GRIMES In a poignant and often funny talk, Forbes Magazine Publisher Rich Karlgaard believes this economic recession could have and should have been avoided, and the worsening U.S. economy is a man-made crisis thanks to
Read MoreOther cities could follow Sac utility measure
Feb. 15, 2010 By KATY GRIMES In the first of its kind in the state, the Sacramento County Taxpayers League filed a ballot initiative to roll back monthly utilities rates. Filing Wednesday February 10, 2010 at the Sacramento City Clerk’s
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