Budget and Finance

Video: Los Angeles faces bankruptcy

CalWatchdog Staff July 14, 2013

Vehicle-fee extension would funnel taxes of less affluent to the rich

July 8, 2013 By Dave Roberts Assembly Democrats, many of whom see themselves as champions of the downtrodden, instead became reverse Robin Hoods recently, robbing from the poor and middle class to give to the rich. Nearly every Democrat along

CA comeback suffers setback

CalWatchdog Staff July 4, 2013

July 4, 2013 By Wayne Lusvardi California experienced a sharp setback in the third week of June — despite all the media talk about an economic comeback. According to the U.S. Department of Labor, California had an increase of 15,341

Is Adelanto the next CA city to go belly up?

CalWatchdog Staff July 3, 2013

July 3, 2013 By Wayne Lusvardi The pathway into municipal budget distress is not the same for every city in California. No known city in California has attempted to cut its general fund budget nearly in half. But that’s what

Lakers fans may soon appreciate Phil Mickelson’s CA tax gripes

CalWatchdog Staff July 2, 2013

July 2, 2013 By Chris Reed In January, when Rancho Santa Fe pro golfer Phil Mickelson griped about the Prop. 30-mandated increase in state income taxes to 13.3 percent on California’s highest earners, he was widely pilloried as a heartless

Video: Gov. Brown’s funny money and why California still could go bust

CalWatchdog Staff June 28, 2013

June 28, 2013 By Brian Calle Alexis Garcia interviews me about the California budget, Gov. Jerry Brown’s funny money and why the state still could go broke.

Billionaire Texas Democrat seeks to reform CA pensions

CalWatchdog Staff June 26, 2013

June 26, 2013 By Wayne Lusvardi California’s pension problems are so massive that any help should be welcomed, even from outside the state. Enter Texas billionaire Democrat John Arnold, who announced an effort to reform unsustainable public pensions across the United