California State Budget

State Budgets Take Big Hit As Consumers Cut Back On Gambling

wsj.com | CONOR DOUGHERTY | Posted 09.10.2009 | Business


States' revenue from casinos, slot machines and lotteries is falling for the first time in many of the 48 states that have grown to depend on gambling...

The Chronicle's Love Letter to Schwarzenegger

Paul Hogarth | Posted 08.09.2009 | Media


Paul Hogarth

Bipartisan peacemaker? The only thing Arnold ever succeeded in getting Democrats and Republicans in Sacramento to agree on is that they both dislike him.

California IOUs: Vendors Still Waiting For Payment

nytimes.com | JENNIFER STEINHAUER | Posted 08.08.2009 | Business


LOS ANGELES -- The only thing worse than being issued an i.o.u. rather than a check from the State of California may be not getting the i.o.u. at all ...

Marijuana Ad: Pot Could Cure California's Budget Woes

Posted 08.07.2009 | Business


Could legalizing pot in California save the state's ailing budget? AdAge today posted an interesting ad from a non-profit organization called the Mari...

California's IOUs: BofA, Citigroup, Big Banks Say They'll Stop Accepting CA Notes Friday

wsj.com | RYAN KNUTSON | Posted 08.07.2009 | Business


A group of the biggest U.S. banks said they would stop accepting California's IOUs on Friday, adding pressure on the state to close its $26.3 billion ...

Federal Stimulus: California Funds Haven't Hit 'Real Economy'

bloomberg.com | Posted 07.03.2009 | Business


June 2 (Bloomberg) -- California public-works official Bob Beaumont says the $2.1 million he may get from President Barack Obama's stimulus plan "isn'...

Unsure How To Vote In The California May 19 Special Election? See How Organizations You Trust Recommend You Vote.

Kim Cranston | Posted 06.11.2009 | Politics


Kim Cranston

If you're unsure about how to vote in the California Special Election on May 19, see how organizations and people you trust from across the political and ideological spectrum recommend you vote.

Arnold's May Special Election: Just Say No!

Paul Hogarth | Posted 04.08.2009 | Politics


Paul Hogarth

The six propositions we will get to vote on in May are Schwarzenegger gimmicks that would cripple the state's ability to function, throw us further into debt, and roll back a small handful of fiscal victories.

Statewide June Election Could Make Things Worse

Paul Hogarth | Posted 03.06.2009 | Politics


Paul Hogarth

The California legislature is expected to vote on a mid-year budget later this week. It's bound to have horrific cuts, but no one has details because it's being crafted in secret.

Schwarzenegger Sinks to New Low

Paul Hogarth | Posted 08.12.2008 | Politics


Paul Hogarth

Arnold's executive order laying off 10,000 state employees -- and slashing another 200,000 paychecks --is insulting because the budget crisis we're in is largely his fault.