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Articles Tagged: "Government Spending"

Government Spending

NEWS: California's Governor Wants Water Tunnels. Antitax Group Wants to Know Who Pays

Bloomberg News reports on a letter sent to the California Resource Agency by HJTA asking the state to produce a detailed financing plan on a proposed $25 billion tunnel that would transport snowmelt to farms and cities.

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NEWS: California Democrats seek higher revenue, more spending

The Associated Press reports rank-and-file Democratic lawmakers in California say they are agreeing to less spending than they wanted so they could pass the budget on time, but they will push for funding pet projects next year when they expect the state's tax revenue will be coming in higher than the Brown administration projects.

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NEWS: LAO recommends $4.5 billion CalSTRS rate hike

CalPensions.com reports The nonpartisan Legislative Analyst’s Office has recommended that the Legislature adopt a plan to fully fund CalSTRS in 30 years — an estimated cost of $4.5 billion a year, a hefty addition to current annual contributions totaling $5.7 billion.

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NEWS: California budget increasingly goes to salaries, healthcare, report says

The Los Angeles Times reports despite Governor Brown's emphasis on sending more money to universities and local schools, a new report by Standford University's California Common Sense research group says those two areas have lost ground to the growing costs of salaries and retirement benefits for public employees.

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OPINION: Steven Greenhut: Harris distorts democracy to aid unions

Steven Greenhut's piece for the Orange County Register accusing California Attorney General Kamala Harris of distorting the official descriptions of the two ballot initiatives submitted by California Pension Reform that would rein in the unsustainable costs of the state's pension system.

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