Budget and Finance
Back to homepageCA ‘Wall of Debt’ hits $1,126,200,000,000.00
May 8, 2013 By Ed Ring A new study by the California Public Policy Center, “Calculating California’s Total State and Local Government Debt,” estimates state and local government debt is somewhere between $848 billion and $1.126 trillion. This is the first attempt
Read MoreGovernors luring away CA jobs
April 30, 2013 By Brian Calle As Gov. Jerry Brown recently traveled to China to promote trade and search for Chinese investment for the state’s controversial high-speed rail project, two other state governors, Bob McDonnell of Virginia and Gary Herbert
Read More
As we predicted, pensions eating up Prop. 30 education funds
April 30, 2013 By John Seiler As Bill Clinton might put it, it’s in the math. In the lead up to the November 6 election last fall, CalWatchdog.com ran several articles on Proposition 30 and pensions. We warned that the $7
Read MoreFacts refute union objections to compensation analysis
April 29, 2013 By Ed Ring “Jennifer Muir, a spokeswoman for the Orange County Employees’ Association, which represents more than 18,000 public employees in Orange County, said the California Public Policy Center’s study was a politically motivated attack on public
Read MorePerks pose risk to all of us
April 22, 2013 By Steven Greenhut SACRAMENTO — The horrific Boston bombings have led to irrational calls for more security cameras and more police officers, with some Democrats absurdly using this tragedy to argue for halting the slight sequester-mandated cuts
Read MoreDemocrats resolved to gut Prop. 13 for businesses
April 18, 2013 By Dave Roberts California Democrats are seeking to weaken the protection for business property in Proposition 13, the 1978 tax limitation measure passed by voters. If the Democrats are successful, it could result in an annual $10
Read MoreAssembly GOP members break no-tax pledge
April 17, 2013 By John Hrabe The Assembly Republican Caucus, though small in number, has retained limited power in Sacramento by maintaining a united caucus on one issue: taxes. Not anymore. A multi-billion-dollar tax extension quickly working its way through
Read MoreState owes counties $22 million in taxes, refuses to pay
April 16, 2013 By Dave Roberts If you decide not to pay your taxes, you could face stiff penalties, seizure of your property and jail time. But when California’s government is the tax deadbeat, state officials thumb their noses at
Read More