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California Debt

Gov. Brown Irks Fellow Dems With Prudent Approach To Record Budget High

AP | JULIET WILLIAMS | Posted 01.23.2014 | Los Angeles

SACRAMENTO, Calif. (AP) — A robust economic recovery and surging revenue propelled by voter-approved tax increases has sent California's general fun...

Aaron Sankin

Mo' Money, Mo' Problems

HuffingtonPost.com | Aaron Sankin | Posted 05.16.2013 | San Francisco

SAN FRANCISCO -- The late rapper Notorious B.I.G. may have been have hailed from New York, but his immortal maxim, "mo' money, mo' problems" has surfa...

California and the Battle for Public Higher Education

Christopher Haugh | Posted 12.31.2012 | College
Christopher Haugh

According to UC President Mark Yudof, imminent cuts mean a system-wide $2,400 fee hike, more hiring freezes, more layoffs, and even deeper cuts to academic budgets. In layman's terms, the system's tragic and quickening death continues. But why save the UC system?

California Tells Debt Buyers to "Prove It"

Bill Bartmann | Posted 05.19.2012 | Business
Bill Bartmann

State Senator Mark Leno has sponsored Senate Bill 890, also known as the "Fair Debt Buyer Practices Act." If signed into law, it will correct injustices that Californians have endured for years.

California Parents Owe $19.2 Billion In Delinquent Child Support

2011-03-16-Screenshot20110316at9.39.25AM.jpeg | Kelley Weiss | Posted 06.21.2011 | Divorce

Non-custodial parents owe a near-record $19.2 billion in delinquent child support payments in California – a stubbornly large amount that researcher...

CA State Debt TRIPLES Under Schwarzenegger

California Watch | Louis Freedberg | Posted 05.25.2011 | Los Angeles

This story comes courtesy of California Watch. By Louis Freedberg Despite Gov. Arnold Schwarzenegger's promises to reduce California's indebtedness,...

What the Doomsayers Haven't Been Telling You about Greece

Steven Hill | Posted 05.25.2011 | World
Steven Hill

Certainly Greece is going through a difficult spot in its long history, but how difficult depends on how you measure it.

The New Yorker: Could Debt Send California The Way Of Greece? :

newyorker.com | James Surowiecki | Posted 05.25.2011 | Los Angeles

nother year, another crisis. If we spent last year worried that big banks were going to fail, the fear of the moment is that entire governments may go...

California's Debt: Now Riskier Than Kazakhstan's - And A Bigger Worry Than Greece?

Huffington Post | Ryan McCarthy | Posted 05.25.2011 | Business

Just how dangerous is California's budget crisis? Extremely dangerous, according to two recent evaluations of California's debt by financial indust...

CALIFORNIA TO PAY WITH IOU'S - Is This Gradeschool?

Bloomberg | Posted 05.25.2011 | Home

Dec. 5 (Bloomberg) -- California, the world's eighth-largest economy, may pay vendors with IOUs for only the second time since the Great Depression, S...