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State auditor warns government agencies in danger of hacking

State Auditor Elaine Howle, who issued a report last year warning of cybersecurity problems at dozens of state agencies, says the problems remain mostly unaddressed. Testifying at a recent hearing of the Assembly Committee on Privacy and Consumer Protection and

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CA closes corporate tax ‘loophole,’ but doesn’t get expected bonanza

The argument that raising taxes cuts revenue because it deters taxable economic activity leads to a tired fight in which obvious facts are ignored by both sides. This claim is sometimes true and sometimes not true. It depends on what

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State finances: LAO’s own report on CalSTRS demolishes LAO’s happy talk

I’m still struggling to make sense of Legislative Analyst Mac Taylor’s bizarrely upbeat report last month on state finances that predicted budget surpluses for years to come — but barely mentioned the state’s huge unfunded liabilities for retiree pensions and

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