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California State Budget

A Master Plan Abandoned

Christina Gagnier | Posted 11.20.2014 | College
Christina Gagnier

Student fees have yet again been raised at the University of California, with the University of California Regents on the precipice of approving a plan to increase fees over the next five years, resulting in an eventual 25 percent increase from current rates.

Reinvest in California Seniors to Boost Local Economies

Henry A. J. Ramos | Posted 08.11.2014 | Los Angeles
Henry A. J. Ramos

More than 68 percent of Californians say that poverty is a critical issue for the state to address, and majority support restoring the social safety net.

California State Parks: Our Past, Our Present, Our Future

David Vassar | Posted 10.03.2012 | San Francisco
David Vassar

It is critical right now for Californians to reconnect with their state parks; appreciate their value; embrace them as part of California's future and ensure that they are preserved for generations to come.

Another Obstacle To Closing State Parks

AP | By JASON DEAREN and TRACIE CONE | Posted 06.08.2012 | San Francisco

SAN FRANCISCO -- Shuttering dozens of California state parks to trim millions from the state budget will take more than simply hanging a "Closed" sign...

California's Dire Budget Situation May Trigger Draconian Cuts

AP | By JUDY LIN | Posted 01.16.2012 | San Francisco

SACRAMENTO, Calif. -- California faces $2 billion in automatic spending cuts at the first of the year that will reduce funding for public schools, hig...

California Controller John Chiang's Unlikely Turn In The Spotlight

latimes.com | Shane Goldmacher and Evan Halper, Los Angeles Times | Posted 08.24.2011 | Los Angeles

Reporting from Sacramento -- As a high school kid in Illinois, John Chiang ran for student council on a populist platform: ridding the lunchroom jukeb...

Standard & Poor's: California Credit Rating At 'Crossroad'

Posted 08.21.2011 | Business

SAN FRANCISCO - California's credit rating is at a "crossroad," Standard & Poor's Ratings Services said on Tuesday, noting concerns about the stat...

What a Public Bank Could Mean for California

Ellen Brown | Posted 07.16.2011 | Business
Ellen Brown

California is the eighth largest economy in the world, and it has a debt burden to match. As large as California's liabilities are, they are exceeded by its assets. That makes Assembly Bill 750 particularly significant.

California Bans State Freebies

Posted 05.25.2011 | Los Angeles

Free key chains, coffee mugs, T-shirts, squeeze toys, it's common to give away such items. But state agencies in California can no longer do so. Go...

Inside California's $25 Billion Budget Crisis

Posted 05.25.2011 | Los Angeles

LOS ANGELES (By Nichola Groom) - Erich Kwek's new office is awash in sunlight and impeccably ordered, with enough space for a desk, small sitting are...

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,...

Schwarzenegger's California Budget Revision SPARES Higher Ed

The Daily Californian | Posted 05.25.2011 | College

California's public university systems saw a reprieve Friday as they escaped Gov. Arnold Schwarzenegger's budgetary axe in his revision of the state b...

Governor Schwarzenegger's Budget Is a California Job Killer

Pedro Nava | Posted 05.25.2011 | Los Angeles
Pedro Nava

Republicans say their number one priority is jobs. What about the jobs of the people who teach our children and care for the sick and elderly? How come their jobs don't matter?

Posse Up, California Democrats

Bobby Shriver | Posted 05.25.2011 | Los Angeles
Bobby Shriver

California's real problem is the system we all have built: the initiative process and its consultants, the lobbying culture that profits from inexperienced legislators with term limits, minority rule of the budget, and so on.

Five UC Students Arrested Lobbying At Capitol

The Daily Californian | Posted 05.25.2011 | College

While hundreds of students rallied in the state Capitol Monday, five students were arrested during the UC Student Association's annual lobbying day or...

It's the Assumptions, Stupid!

David G. Crane | Posted 05.25.2011 | Politics
David G. Crane

Today, state-sponsored pension funds are being asked about their assumptions. But so far, California's pension funds aren't answering, and that's bad news.

State Budgets Take Big Hit As Consumers Cut Back On Gambling

wsj.com | CONOR DOUGHERTY | Posted 05.25.2011 | 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 05.25.2011 | 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 05.25.2011 | 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 05.25.2011 | 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...

Big Banks Say They Stop Accepting California IOUs

wsj.com | RYAN KNUTSON | Posted 05.25.2011 | 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 05.25.2011 | 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 05.25.2011 | 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 05.25.2011 | 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 05.25.2011 | 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.