California State Budget

Another Obstacle To Closing State Parks

AP | By JASON DEAREN and TRACIE CONE | Posted 04.08.2012

Read More: Ca State Parks, California Budget, California Parks Budget, California State Parks Budget, California Parks, Ca State Park Closures, California State Parks Closing, California State Park Artifacts, Ca Parks, California State Park Closures, California State Budget, Ca State Parks Closing, California State Parks, San Francisco News

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

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California's Dire Budget Situation May Trigger Draconian Cuts

AP | By JUDY LIN | Posted 01.16.2012

Read More: Legislative Analyst's Office, California Budget, California Budget Cuts, Ca Budget, California Deficit, Jerry Brown, California Budget Deficit, California Budget Shortfall, CA Education Cuts, California State Budget, San Francisco News

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

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California Controller John Chiang's Unlikely Turn In The Spotlight

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

Read More: John Chiang, California State Budget, California Controller, California Politics, Los Angeles News

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

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

Posted 08.21.2011

Read More: Dianne Feinstein, California State Legislature, Barbara Boxer, California, Arnold Schwarzenegger, California State Budget, Municipal Debt, Jerry Brown, Business News

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

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What a Public Bank Could Mean for California

Ellen Brown | Posted 07.16.2011

Read More: State Budget Cuts, State-Owned Banks, Wall Street Bailout, Bank of North Dakota, California State Budget, Business News

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.

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California Bans State Freebies

Posted 05.25.2011

Read More: California, California Freebies, California Bans State Freebies, California State Budget, California Bans Freebies, Los Angeles News

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...

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Inside California's $25 Billion Budget Crisis

Posted 05.25.2011

Read More: California Tax Battle, California School District, California Economy, California State Budget, Jerry Brown, Budget Cuts, Electric Cars, Los Angeles News

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...

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CA State Debt TRIPLES Under Schwarzenegger

California Watch | Louis Freedberg | Posted 05.25.2011

Read More: California Debt, California Debt Crisis, Arnold Schwarzenegger, Phil Angelides, California State Budget, Los Angeles News

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

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Schwarzenegger's California Budget Revision SPARES Higher Ed

The Daily Californian | Posted 05.25.2011

Read More: California Budget, University of California Budget, Daily Californian, Schwarzenegger Budget Revision, Schwarzenegger Budget, The West, California Higher Edu Budget, Schwarzenegger Higher Ed, California State Budget, California Budget Revision, Arnold Schwarzenegger, California Welfare, Ca Budget, Calworks, Ca Budget News, Ca State Budget, State of California, California, Schwarzenegger, Ca Budget Cuts, California Budget News, California Budget Cuts, California State Budget News, Ca State Budget News, University of California, California Welfare to Work, State Budget California, California Budget Cuts for Calworks, California Cuts Welfare, College News

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...

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Governor Schwarzenegger's Budget Is a California Job Killer

Pedro Nava | Posted 05.25.2011

Read More: Oil Severance Tax, Healthcare Funding, Firefighters, Economy, Employment, School Funding, Jobs, Assemblymember Pedro Nava, Oil Industry Fair Share Act, Pedro Nava, Governor Schwarzenegger, Oil Industry, Oil Tax, California State Budget, Environment, California Governor, Teachers, Los Angeles News

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?

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Posse Up, California Democrats

Bobby Shriver | Posted 05.25.2011

Read More: California, California Budget Crisis, Democrats, California State Budget, California Democratic Party, Jerry Brown, Los Angeles News

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.

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Five UC Students Arrested Lobbying At Capitol

The Daily Californian | Posted 05.25.2011

Read More: UC Arrests, UC Santa Cruz, UC Riots, Ucla, Mark Yudof Budget Crisis, UC Berkeley, UC Rally, Mark Yudof, Daily Californian, Arnold Schwarzenegger, UC Budget Cuts, California State Budget, UC Santa Barbara, Filiberto Nolasco, UC San Diego, The West, UC Protests, Student Day of Action, UC System, UC Budget Crisis, Jim Nielsen, UC Tuition Increases, California Arrests, California Higher Ed, California Budget Crisis, California Education, College News

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

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It's the Assumptions, Stupid!

David G. Crane | Posted 05.25.2011

Read More: Reform, Calpers, Pension, Crane, Politics, California, California Budget Crisis, Arnold Schwarzenegger, California State Budget, Pension Funds, Politics News

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.

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State Budgets Take Big Hit As Consumers Cut Back On Gambling

wsj.com | CONOR DOUGHERTY | Posted 05.25.2011

Read More: Casino Revenue, Nevada State Budget, Gambling, Illinois, California State Budget, Illinois Budget, Business News

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...

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The Chronicle's Love Letter to Schwarzenegger

Paul Hogarth | Posted 05.25.2011

Read More: Governor Arnold Schwarzenegger, Arnold Schwarzenegger, San Francisco Chronicle, California State Budget, Media News

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

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California IOUs: Vendors Still Waiting For Payment

nytimes.com | JENNIFER STEINHAUER | Posted 05.25.2011

Read More: California Budget Deficit, California IOUs, Arnold Schwarzenegger, California State Budget, California, Business News

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 ...

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Big Banks Say They Stop Accepting California IOUs

wsj.com | RYAN KNUTSON | Posted 05.25.2011

Read More: Citigroup, Bank of America, California, Wells Fargo, California IOUs, Arnold Schwarzenegger, California State Budget, Business News

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 ...

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Marijuana Ad: Pot Could Cure California's Budget Woes

Posted 05.25.2011

Read More: Marijuana Policy Project, California, California Budget Crisis, Legalize Marijuana, Marijuana, California State Budget, Video, Business News

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...

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

bloomberg.com | Posted 05.25.2011

Read More: California Stimulus, California State Budget, Federal Stimulus, Stimulus Spending by State, California Budget Crisis, California, Business News

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'...

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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

Read More: Politics News, Proposition 1A, Prop 1a-1f, Budget Spending Cap, May- Special-Election, California Propositions, California State Budget, Ballot Measures, California Budget Crisis, Transparentdemocracy, Politics News

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.

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Arnold's May Special Election: Just Say No!

Paul Hogarth | Posted 05.25.2011

Read More: Special Election, California State No Money, Arnold Schwarzenegger, California State Budget, Budget Spending Cap, Politics News

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.

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Statewide June Election Could Make Things Worse

Paul Hogarth | Posted 05.25.2011

Read More: California State No Money, California State Legislature, Arnold Schwarzenegger, California State Budget, Two-Thirds Rule, Politics News

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.

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Schwarzenegger Sinks to New Low

Paul Hogarth | Posted 05.25.2011

Read More: Newt Gingrich, Arnold Schwarzenegger, Governor Arnold Schwarzenegger, Gridlock, California State Budget, California Politics, Politics News

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.

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