California's revenue collections trailed its forecasts by $1.1 billion during the first three months of the fiscal year, showing new deficits are emer...
AP | STEVE LAWRENCE | Posted 08.18.2009 | Business
SACRAMENTO, Calif. — California officials hope to reach a deal Sunday on how to erase a $26.3 billion budget deficit that has forced the state t...
Giles Slade | Posted 08.04.2009 | Politics
Sarah's resignation confirms what her values actually are by defining what is most important to her. Governor Palin is going to keep as much of her newfound money as she can.
AP | Posted 08.01.2009 | Business
SACRAMENTO — Gov. Arnold Schwarzenegger has declared a fiscal emergency to address California's deficit and has ordered state offices closed thr...
Sheldon Filger | Posted 07.26.2009 | Business
Schwarzenegger demonstrated uncharacteristic candor when he addressed a joint session of the California legislature and accurately outlined the brutal reality underlying California's dire fiscal crisis.
Los Angeles Times | Peter Nicholas and Richard Simon | Posted 06.22.2009 | Politics
California needs to solve its financial crisis by itself and should not expect an emergency bailout from the White House, an array of Obama administra...
Nancy Snow | Posted 06.16.2009 | Living
Sacramento's answer is to squeeze blood out of a stone from education, healthcare, and public landmarks. Arnold Schwarzenegger's public approval rating is now in the outgoing President George W. Bush's vicinity.
Tom Woodruff | Posted 05.02.2009 | Politics
An economic tragedy is unfolding in the Inland Empire region of southern California. We need to pass the Employee Free Choice Act to give workers a realistic shot at the American Dream.
Bloomberg | Jeremy R. Cooke | Posted 04.25.2009 | Business
March 25 (Bloomberg) -- California sold the biggest U.S. tax-exempt bond issue in almost five years to jump-start capital spending after tight credit ...
Time | ALISON STATEMAN | Posted 04.13.2009 | Business
Could marijuana be the answer to the economic misery facing California? Democratic state assemblyman Tom Ammiano thinks so. Ammiano introduced legisla...
LA Times | Louis Sahagun | Posted 12.14.2008 | Green
The California economy loses about $28 billion annually due to premature deaths and illnesses linked to ozone and particulates spewed from hundreds of...
LA Times | Posted 07.04.2008 | Politics
So, California. The economy's in the toilet, the state budget is bleeding red, the drought's getting worse and we've got wildfires so fierce, one of o...
Bloomberg | William Selway and Michael B. Marois | Posted 10.09.2009 | Business