California Budget Crisis

Schwarzenegger Terminates Funding For Child Welfare, AIDS Prevention

AP | JUDY LIN | Posted 08.28.2009 | Politics

Read More: California Budget, California Budget Crisis, Schwarzenegger Veto, Arnold Schwarzenegger Veto, Schwarzenegger Social Programs Veto, California Social Programs Cuts, Politics News

SACRAMENTO, Calif. — Gov. Arnold Schwarzenegger signed a revised $85 billion budget Tuesday that he said contained "the good, the bad and the ug...

Read Whole Story

Finance 101: Dedicated to Gov. Schwarzenegger

Mary Hall | Posted 08.27.2009 | Politics

Read More: Personal Finances, Finance Tips, California Budget Crisis, Personal Debt, Gov. Schwarzenegger, Politics News

Gather all important financial statements and review what you own, your assets, and what you owe, your liabilities. Look carefully at how you're putting our hard-earned cash to work.

Read Post

Why Schwarzenegger's "Legacy" Claim is a Fraud

Phil Trounstine | Posted 08.27.2009 | Politics

Read More: California Budget Crisis, Governor Arnold Schwarzenegger, Schwarzenegger Budget Cuts, Schwarzenegger Budget, Schwarzenegger, Politics News

Schwarzenegger's triumphalist braying was little more than an exercise in spin control, a transparent bid to establish a positive narrative for the budget disaster over which he's presided.

Read Post

Governor Schwarzenegger's Garage Sale (VIDEO)

Posted 08.24.2009 | Comedy

Read More: Video, Schwarzenegger Garagle Sale, Jimmy Kimmel, California Budget Crisis, Arnold Schwarzenegger, Comedy News

We all know by now that California is in serious trouble. The state's budget crisis has gotten so bad that Governor Schwarzenegger announced he will h...

Read Whole Story

Green News Report - July 23, 2009 (Audio)

Brad Friedman and Desi Doyen | Posted 08.23.2009 | Green

Read More: Lithium-Ion Battery, India, Clean Coal, Carbon Dioxide Emissions, Green News Report, Smart LEDs, E. Coli, Tourism, Biomass, Fish, Missouri, Green News, Climate Change, Hillary Clinton, Sustainable Seafood, Off-Shore Oil Drilling, California Budget Crisis, Green News

IN TODAY'S AUDIO REPORT: Honey, I shrunk the fish!; Off-shore drilling vs. California's budget; "Clean coal" vs. reality; Tourism vs. Safety in Misso...

Read Post

Arnold Schwarzenegger's Knife Play

Joseph A. Palermo | Posted 08.23.2009 | Politics

What's been playing out in California could be the stubborn last gasp of the "Republican Revolution." What began in California might have to end in California.

Read Post

California is the Unwilling Star of a Slasher Film

Warner Chabot | Posted 08.22.2009 | Politics

Read More: California, California Budget Crisis, Governor Arnold Schwarzenegger, Economy, Economic Crisis, Politics News

The California budget situation is no longer a "suspense movie," as Gov. Arnold Schwarzenegger referred to the negotiations, but now resembles a slasher film -- full of deep and horrifying cuts.

Read Post

Sacramento's Dangerous Shell Game

Antonio Villaraigosa | Posted 08.22.2009 | Politics

Read More: Taxes, Financial Crisis, Arnold Schwarzenegger, California Budget Crisis, Los Angeles, Economy, Politics News

Instead of addressing the fundamental problems that keep Sacramento hardwired for failure, lawmakers chose to balance their books on the backs of California's cities, counties and school districts.

Read Post

Why Is Arnold Schwarzenegger Brandishing A Gigantic Knife? (VIDEO)

HuffingtonPost.com | Jason Linkins | Posted 08.22.2009 | Politics

Read More: California Debt Crisis, Video, Knives, Arnold Schwarzenegger, California Budget Crisis, California, Politics News

So, I guess this is what is happening, in the world. California Gov. Arnold Schwarzenegger made a video for his Twitter followers yesterday, and for s...

Read Whole Story

How California Could Turn Its IOUs into Dollars

Ellen Brown | Posted 08.22.2009 | Business

Read More: Bank of America, Ious, Wells Fargo, Citibank, Banking Crisis, Bank Bailout, California Budget Crisis, Arnold Schwarzenegger, State Bank, Bank of North Dakota, Business News

If the state were to deposit its money in its own state-owned bank, it could have enough credit to solve its budget crisis with funds to spare.

Read Post

Aint Got The Do-Re-Mi: The Beginning of The End of The Californian Dream

Giles Slade | Posted 08.22.2009 | Politics

Read More: Drug Cartels, Drought, Forest Fires, Climate Change, Mexico, La Crisis, California Budget Crisis, Arnold Schwarzenegger, Politics News

A second punch -- an environmental right cross -- is headed straight for California's chin. There's already insufficient water, with more droughts, heat waves and mega-fires on their way.

Read Post

California Budget Has Oakland Schools Turning to an Unlikely Solution...Crayfish (VIDEO)

Youth Radio -- Youth Media International | Posted 08.21.2009 | Politics

Originally published on Youthradio.org, the premier source for youth generated news throughout the globe. By: Austin De Rubira In Miranda Carrow's ...

Read Post

California's Budget Crisis Turns Out to Be Great for Oil Companies. Weird.

Chris Kelly | Posted 08.21.2009 | Politics

Read More: California Budget, California, Governor Arnold Schwarzenegger, California Budget Crisis, Santa Barbara Oil Spill, Exxon Valdez Oil Spill, Exxon Valdez, Politics News

We may never go to the moon again, but thanks to last night's California budget compromise, we're going to be drilling off Santa Barbara again. Who says America can't accomplish things anymore?

Read Post

The Republicans Win Big in California!

Joseph A. Palermo | Posted 08.21.2009 | Politics

Read More: California Economic Crisis, California, Senator Darrell Steinberg, California Governor Arnold Schwarzenegger, Enron, Tea Baggers, California Republicans, Santa Barbara Oil Drilling, Arnold Schwarzenegger, Schwarzenegger, Budget Deal, Duke Energy, Grover Norquist, California Budget Crisis, Republican Party, Howard Jarvis, Budget Standoff, Reliant, Politics News

Schwarzenegger and his horde of retrograde Republican lawmakers got everything they wanted in a horrific bargain with Democratic leaders that has ended California's budget impasse.

Read Post

The Golden State, The Hummer and Hydra-Headed Budget

Susan Straight | Posted 08.20.2009 | Politics

Read More: Los Angeles-California, Governor Arnold Schwarzenegger, California Budget Crisis, Economic Crisis, Politics News

Public city colleges have raised fees, and have overcrowded classrooms and trimmed course schedules. Our best students will choose to leave the state, along with our talented professors.

Read Post

Should Volunteers Fill Gaps for Prison Cuts?

Pat Hardy | Posted 08.17.2009 | Living

Read More: Violence, AVP/California, California Budget Crisis, Volunteering, Gangs, Prison, Family, Living News

While the legislature slashes and burns program after program, our monthly workshops in 17 California prisons, are still on offer, deeply affecting the lives of prisoners and their families.

Read Post

Greenbacks for Green Cards

Michael Burns | Posted 08.15.2009 | Politics

Read More: Immigration Reform, Illegal Immigrants, Green Cards, Immigration, California Budget Crisis, Politics News

I believe selling one million green cards to a group of sponsored illegal immigrants for $10,000 apiece over the next few years is a potentially great idea.

Read Post

Towards a Solution to the Debt Crisis in California: The State Could Walk Away and Create Its Own Credit Machine

Ellen Brown | Posted 08.14.2009 | Politics

Read More: Bank of America, Citigroup, JPMorgan Chase, Ious, Governor Arnold Schwarzenegger, Wells Fargo, Banking Crisis, Bank Bailout, California Budget Crisis, State Bank, Bank of North Dakota, Politics News

California could put its revenues in its own state-owned bank and fan these "reserves" into many times their face value in loans, using the same "fractional reserve" system that private banks use.

Read Post

Arnold Schwarzenegger: Compassionless Conservatism

Joseph A. Palermo | Posted 08.14.2009 | Politics

Schwarzenegger's heartlessness towards the state's most vulnerable citizens in a time of economic collapse renders absurd the Republicans' attempts to paint their party as "kinder and gentler" or "compassionate."

Read Post

California: The Trouble With Kicking the Can Down the Road

David G. Crane | Posted 08.14.2009 | Politics

Read More: Governor Schwarzenegger, California, General Motors, Gm, Governor Arnold Schwarzenegger, Speaker Bass, California State Legislature, Arnold Schwarzenegger, California Budget Crisis, Politics News

It didn't have to be this way. Had California accounted for its promises, billions would not have to be taken from discretionary programs, which is just the first wave of a massive tsunami: our underfunding is simply staggering.

Read Post

Suffering in El Centro: Cigars in Sacramento

Ann Pettifor | Posted 08.14.2009 | Business

Read More: Governor Arnold Schwarzenegger, California Budget Crisis, Deficit, State Budgets, Unemployment, Budget Cuts, Green New Deal, Economic Stimulus, Sales Tax, Business News

California's economy is in free fall. This appears to be of little concern to Governor Schwarzenegger, who instead prefers to focus his energy, attention and political capital on the ballooning state budget.

Read Post

California's Crisis of Consumer Democracy

Nathan Gardels | Posted 08.13.2009 | Business

Read More: California, Arnold Schwarzenegger, California Budget Crisis, Economy, Budget, Business News

De-leveraging the American Dream will not be easy. America's crisis is not at root a banking or financial crisis. It is a crisis of consumer democracy.

Read Post

Two-Thirds or No Two-Thirds is California's Question

Byron Williams | Posted 08.12.2009 | Business

Read More: California Budget Crisis, Prop 13, Economic Crisis, Business News

Why is it too much to desire a state legislature function in the similar manner of 47 other states by embracing the radical, cutting edge notion of majority rule on budget matters?

Read Post

Reality TV Kills California's Budget

James Sims | Posted 08.10.2009 | Entertainment

Read More: Reality TV, NBC Universal, Tax Incentives, Ryan Seacrest, Film Industry, Survivor, Budget, Abc, Fox, American Idol, California Budget Crisis, Hollywood, Entertainment News

FilmL.A., the office behind film permits for the city, reported last month that the number of prime-time TV pilots shot in Los Angeles is down nearly 42 percent.

Read Post

Arnold Schwarzenegger: Tea Bagging California

Joseph A. Palermo | Posted 08.09.2009 | Politics

Read More: Governor Schwarzenegger, California Economic Crisis, California, California State Government, California Governor Arnold Schwarzenegger, Budget Cuts, New York Times Magazine, George W. Bush, Capitol, Sacramento, California Budget Crisis, Mark Leibovich, Politics News

The California budget crisis continues to be a showdown between a recalcitrant Executive and a weak-kneed Legislature.

Read Post

California Budget Crisis

HuffPost Social News connects you with friends and the news