California Fiscal Crisis

California Garage Sale: State Holds Giant Garage Sale To Raise Funds

AP | JUDY LIN | Posted 09.28.2009 | Politics


SACRAMENTO, Calif. — Bargain-hunters snatched up watches confiscated from criminals, surplus prison shirts and antique pianos salvaged from park...

Second Obama Stimulus Spending Bill Looms On the Horizon

Sheldon Filger | Posted 08.06.2009 | Business


Sheldon Filger

There is increasing talk in Washington that a second dose of deficit-driven stimulus spending will be required if the nation's severe economic contraction is to be reversed.

California's Death Throes: A View From Sacramento

Joseph A. Palermo | Posted 07.16.2009 | Politics


Joseph A. Palermo

A grassroots movement working within Democratic Party structures might break the cycle of abuse the Republican minority has inflicted upon the state.

California Needs a New Constitution

Joseph A. Palermo | Posted 06.26.2009 | Politics


Joseph A. Palermo

If Arnold and the Democrats can waste state money holding failed ballot initiatives and "special elections" they can set aside a little cash for a Constitutional Convention.

California Fiscal Crisis May Force Drastic Government Overhaul

Reuters | Jim Christie | Posted 06.15.2009 | Politics


California's government may see a dramatic overhaul because its budget is in such disarray and on track for a staggering shortfall of at least $15.4 b...

Moving Forward in Califorina

Karen Bass | Posted 03.27.2009 | Politics


Karen Bass

The California budget approved last week by the legislature and signed by the governor is tough medicine and hard to swallow. But with our state on the edge of a fiscal cliff, it had to be done.

Schwarzenegger Cuts 22,000 State Jobs Amid California's Fiscal Crisis

AP | DON THOMPSON | Posted 08.08.2008 | Politics


SACRAMENTO, Calif. — With California's cash dwindling and legislators still debating a new budget, Gov. Arnold Schwarzenegger eliminated thousan...