Archive for the ‘ Budget ’ Category

U-T San Diego: Report: Officials masked big pension hike

Pensions

Pension debts are sky-high, but little interest at the Capitol

By Steven Greenhut
May 27, 2015 – 3:10 p.m.

SACRAMENTO — “There are two ways to be fooled. One is to believe what isn’t true; the other is to refuse to believe what is true,” wrote the 19th century Danish philosopher Soren Kierkegaard. It must be an enduring trait of mankind and especially of politicians, who often fool themselves (and the public) about major problems.

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California Capitol

By Jessica Calefati, Bay Area News Group
Posted: 05/26/15 – 9:04 PM PDT |

SACRAMENTO ­>> With less than a month to go until the deadline to pass a new state budget, Democratic legislative leaders on Tuesday released dueling spending plans that are oddly far apart on key issues such as child care and higher education.

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Sacramento Bee: Opinion: Misdirection on California budget bills is disgraceful

Dan Walters

Dan Walters
dwalters@sacbee.com
May 25, 2015

  • State budget is entering its final phase
  • As issues are ironed out, ‘trailer bills’ are written
  • But trailers are misused for non-budget issues

The annual state budget cycle is approaching the latter stages, when Gov. Jerry Brown and legislators chew through their remaining differences and, presumably, reach agreement.

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Jerry Brown

Gov. Jerry Brown has opposed an extension of Proposition 30, the 2012 measure that temporarily increased the sales tax by a quarter-cent and raised levies on high earners. (Justin Sullivan, Getty Images)

By Chris Megerian
May 25, 2015

When it comes to California’s roller-coaster finances, Gov. Jerry Brown has bent lawmakers and voters to his will, rejecting new spending programs, passing a temporary tax hike and strengthening the state’s rainy-day fund.

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San Bernardino Seal

By Ed Mendel
May 26, 2015

A San Bernardino plan to exit bankruptcy follows the path of the Vallejo and Stockton exit plans, cutting bond debt and retiree health care but not pensions. Then it veers off in a new direction: contracting for fire, waste management and other services.

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Cassie MacDuff

Cassie MacDuff, Staff Columnist
Published: May 24, 2015 – Updated: 8:29 p.m.

The statistics rattled off by San Bernardino’s bankruptcy experts last week were startling:

San Bernardino is the poorest large city in California, and the second poorest in the nation, after Detroit.

To read entire column, click here.

The Sacramento Bee: California’s sales tax is obsolete, needs to be fixed

Dan Walters

By Dan Walters
dwalters@sacbee.com
May 23, 2015

  • Sales tax used to be state’s top revenue source
  • Income taxes now dominate revenue flow
  • Should sales taxes be extended to services?

During the first year of Jerry Brown’s first governorship, 40 years ago, the state collected $9 billion in general fund revenues and the sales tax was the biggest source at $3.7 billion.

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IE Business Daily: San Bernardino: Meet Robocop

IE Business Daily

IE Business Daily
May 23, 2015

In 1987 Orion Pictures released a futuristic science fiction film called “Robocop” about a dirt poor city, Detroit, that had contracted public safety services to a large, privately owned corporation.

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The Sun: San Bernardino could privatize fire services

San Bernardino Seal

By Ryan Hagen, The Sun
Posted: 05/20/15 – 7:53 PM PDT |

SAN BERNARDINO >> The city might become the first in the state to rely on a for-profit firm for firefighting and emergency medical services, but to do so it will have to overcome opposition that’s already mounting up and down the state.

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Daily Bulletin: San Bernardino County to develop ‘Countywide Plan’

money_down_drain

…..$5,000,000…..

By Ryan Hagen, San Bernardino Sun
Posted: 05/19/15 – 7:17 PM PDT |

SAN BERNARDINO >> The county Board of Supervisors agreed Tuesday to pay a consultant group up to $5 million over four years to help with development of a “complete county” plan that goes beyond a general plan — in fact, they say, it goes further than any city or county ever has.

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California Money

New revenue estimate shows likely fault line over spending in budget battle between governor and lawmakers

By Chris Megerian
May 19, 2015

The battle lines in the annual tug-of-war over the state budget became clear on Monday evening, when legislative analysts said there would be $1.1 billion more revenue available for discretionary spending than Gov. Jerry Brown has estimated.

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The Sun: San Bernardino council approves bankruptcy plan, 6-1

San Bernardino Seal

By Ryan Hagen, The Sun
POSTED: 05/18/15 – 8:55 PM PDT |

SAN BERNARDINO >> A full-court press by the city’s administrators, consultants and allies from the community convinced six of the seven council members Monday that it was vital to pass the Plan of Adjustment, pushing the city into the next stage of its nearly three-year bankruptcy.

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Lou Desmond

Monday, May 18, 2015 – 04:30 p.m.

Tonight on the show, Lou is joined by Estimable Economist Jay Prag to get his take on San Bernardino’s exit plan. What affect will their actions have on future investments in the troubled city?

Read the rest of this entry »

Jerry Brown

California Governor Jerry Brown is in favor of ending temporary taxes under voter-approved Proposition 30.

By Jessica Calefati
jcalefati@bayareanewsgroup.com
Posted: 05/18/2015 – 05:50:33 AM PDT

SACRAMENTO — When Gov. Jerry Brown unveiled his revised state budget late last week, the news that California is swimming in black ink rightfully stole the show.

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The Sun: San Bernardino bankruptcy plan gets group’s support

San Bernardino Seal

By Ryan Hagen, The Sun
POSTED: 05/16/15 – 8:35 PM PDT |

SAN BERNARDINO >> The deep cuts and extensive restructuring proposed in the city’s bankruptcy exit plan got a unanimous thumbs-up from its strategic planning core team on Saturday, as the City Council prepares to vote on the plan Monday.

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Dan Walters

Dan Walters
May 16, 2015
dwalters@sacbee.com

Gov. Jerry Brown’s revised 2015-16 budget sharply increases spending on California’s 6-plus million elementary and high school students.

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Lou Desmond

Friday, May 15, 2015 – 03:30 p.m.

Tonight on the show, Ed Hoffman joins Lou to talk about national headlines. But first, they start in San Bernardino, where the city’s plan to exit bankruptcy was released yesterday. In it, the city says it’s planning to pay its creditors 1% of what they are owed.

Read the rest of this entry »

Bankruptcy Court

By Ryan Hagen, The Sun
Posted: 05/14/15, 4:49 PM PDT |

SAN BERNARDINO >> The proposed bankruptcy exit plan released to the public for the first time Thursday would pay 1 percent of the $50 million owed to pension obligation bondholders, slash retirees’ healthcare coverage, and contract out for services, including fire and waste disposal, among other changes.

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Calculator+Finance+Budget

Eastvale, Jurupa Valley, Menifee and Wildomar lost millions in state vehicle license fees four years ago.

Published: May 14, 2015 – Updated: 10:21 p.m.

Four cities in Riverside County still coping with a 4-year-old revenue hit could get relief in the revised state budget offered by Gov. Jerry Brownon Thursday, May 14.

To read story by Jeff Horseman in The Press-Enterprise, click here.

California Money

By Larry Gordon, Teresa Watanabe and Carla Rivera
May 14, 2015

The big winners in Gov. Jerry Brown’s plan to sharply increase education funding are California undergraduates at UC, who will have their tuition frozen for two more years, and the millions of elementary, secondary and community college students who are likely to see more teachers and counselors hired on their campuses.

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Dan Walters

By Dan Walters
dwalters@sacbee.com
May 14, 2015

The state’s revenue system is, as we should all know by now, increasingly dependent on taxes from a relative handful of high-income Californians.

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InlandPolitics: San Bernardino: Bankruptcy Exit Plan hide the ball!

San Bernardino Seal

Thursday, May 14, 2015 – 04:30 p.m.

You gotta hand it to bankrupt San Bernardino, California. If there’s any local government that can screw anything up, it’s good ole San Berdoo!

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Lou Desmond

Thursday, May 14, 2015 – 04:00 p.m.

Tonight on the show, Ryan Hagen joins to program to discuss San Bernardino’s plan to exit bankruptcy. The only problem, they are releasing it at 5:00, then locking the doors to city hall until Monday morning. Also, Lou will cover the local headlines from the Inland Empire.

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U.S. Bankruptcy Court

U.S. Bankruptcy Court in Riverside. Today, San Bernardino will reveal its bankruptcy exit plan. The city declared bankruptcy in July 2012. (John Valenzuela/ The Sun)

By Ryan Hagen, The Sun
Posted: 05/13/15, 8:27 PM PDT |

SAN BERNARDINO >> City officials say they will release a sweeping bankruptcy exit plan Thursday afternoon and ask the City Council on Monday to commit to changes they say will significantly affect residents, employees and creditors for years to come.

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The Sun: San Bernardino County CEO gives 5-year budget forecast

Greg Devereaux

Devereaux

By Joe Nelson, The Sun
Posted: 05/12/15, 6:53 PM PDT |

San Bernardino County will enter the next fiscal year on July 1 with $4.7 billion on hand for infrastructure projects and some services cut during the Great Recession, but the county has quite a ways to go before it can start loosening its fiscal belt.

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Riverside-County-Seal

Published: May 12, 2015 – Updated: 10:42 p.m.

Riverside County supervisors voted unanimously Tuesday to charge contract cities more for Sheriff’s Department services, despite pleas from several officials unsure of whether their cities can afford the price hikes.

To read story by Jeff Horseman in The Press-Enterprise, click here.

Jerry Brown

Those given pay raises by a state panel Monday include California Gov. Jerry Brown, pictured on May 6, and other state legislators and elected officials. (Rich Pedroncelli / Associated Press)

By Patrick McGreevy contact the reporter
May 11, 2015

SACRAMENTO — A state panel appointed by Gov. Jerry Brown voted Monday to give the governor, state legislators and many other officials a 3% pay raise, saying it would make their salaries more competitive with leaders elsewhere.

The increases will take effect Dec. 7.

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Riverside-County-Seal

Also among the county’s financial challenges are the sheriff’s and fire departments.

Published: May 8, 2015
Updated: May 10, 2015 6:20 p.m.

Riverside County officials want to take $1.5 million ticketed for UC Riverside’s medical school and spend it on equipment needs at the county-run hospital.

To read story by Jeff Horseman in The Press-Enterprise, click here.

Schools

By Judy Lin, Associated Press
May 10, 2015

Lawmakers expect Gov. Jerry Brown to suggest spending more tax dollars on public schools and community colleges while asking for more money to be set aside for a rainy day when he releases his updated budget this week.

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InlandPolitics: Pensions: Neighboring counties seem perplexed

SBCO

Saturday, May 9, 2015 – 12:00 a.m.

When you read the story on San Bernardino County pensions, published in The Sun newspaper on Friday, one takeaway is evident.

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Money

Saturday, May 8, 2015 – 11:00 a.m.

San Bernardino County and its pension fund, San Bernardino County Employees Retirement Association (SBCERA), have fought feverishly to block disclosure of individual pension amounts by name.

That’s until now.

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Jerry Brown

Gov. Jerry Brown, speaking at the Association of California Water Agencies conference last week, made clear that in his fourth and final term, he intends to build twin tunnels through the Sacramento-San Joaquin Delta. | Rich Pedroncelli/The Associated Press

Dan Morain

Dan Morain
Editorial page editor, political affairs columnist and editorial writer
dmorain@sacbee.com
May 9, 2015

Jerry Brown was sounding a little like an eccentric uncle-governor the other day as he muttered about Spaceship Earth, how he got the Moonbeam moniker, and, yes, the need to recycle human waste into water.

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The Sacramento Bee: Opinion: California tax bonanza becomes a big problem

Dan Walters

Dan Walters
Observations on California and its politics
dwalters@sacbee.com
May 5, 2015

Every state budget cycle has its own narrative, but this year’s version is in a class by itself.

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Money

By Melanie Mason
May 4, 2015

Extending state-subsidized healthcare coverage to people in the country illegally could cost California as much as $740 million annually, according to a Senate fiscal analysis released Monday.

Read the rest of this entry »

Dan Walters

Dan Walters
May 3, 2015
Observations on California and its politics
dwalters@sacbee.com

Since becoming governor for the second time, Jerry Brown has preached the virtues of what he calls “subsidiarity” – reversing the concentration of governmental finances in Sacramento that began when he was governor the first time.

Read the rest of this entry »

Riverside-County-Seal

Exclusive Care, a Riverside County-run health insurance program for employees, sends patients to the county hospital in Moreno Valley. One supervisor is questioning whether the program pays Riverside County Regional Medical Center enough for patient care.

Published: April 29, 2015
Updated: May 2, 2015 4:20 p.m.

Since 1999, Riverside County employees have been able to get health care through an exclusive, county-run program called, fittingly enough, Exclusive Care.

To read story by Jeff Horseman in The Press-Enterprise, click here.

San Bernardino Public Safety Attrition

By Ryan Hagen, The Sun
Posted: 05/02/15, 12:49 PM PDT |

SAN BERNARDINO >> If the reservoir of veteran firefighters in the city developed a leak in the Great Recession and the crack widened with the 2012 bankruptcy filing, then it’s in 2015 that the dam broke.

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InlandPolitics: San Bernardino County pension fund staring at lackluster year

SBCO

Saturday, May 2, 2015 – 11:30 a.m.

San Bernardino County, California leaders can think again, if they thought its general fund was going to get a break from skyrocketing pension costs.

Read the rest of this entry »

California Money

Capitol Alert
By Jim Miller
jmiller@sacbee.com

May 1, 2015

California income tax collections in April exceeded Brown administration estimates by more than $1.6 billion, according to data posted Friday by the state controller’s office, pushing income tax revenue for the year $8 billion higher than during a comparable period in 2013-14.

Read the rest of this entry »

The Sun: Community, city leaders discuss future San Bernardino

San Bernardino Seal

By Jim Steinberg, The Sun
Posted: 04/24/15, 7:39 PM PDT |

SAN BERNARDINO >> As the city looks for a way to exist beyond bankruptcy, its charter once again was part of the discussion Friday as leaders and the public gathered for a strategy meeting designed to find ways to guide the city.

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California Money

Capitol Alert
The go-to source for news on California policy and politics
By Jim Miller
jmiller@sacbee.com
04/25/2015 – 11:17 AM

California income tax collections in April have already exceeded the Brown administration’s January estimates, underscoring the surge of higher-than-expected money flowing into the state treasury and possibly offering health and welfare programs – not just schools – a piece of the windfall.

Read the rest of this entry »

InlandPolitics: S.B. County: Nurses contract ratified

CNA

Thursday, April 23, 2015 – 10:00 p.m.

All sides of a contract dispute affecting San Bernardino County Nurses and Per Diem Nurses have given their blessing to a new contract that will run through July 2017.

Read the rest of this entry »

California Capitol

Andrew Nixon / Capital Public Radio

Capital Public Radio

Ben Adler
Thursday, April 23, 2015 | Sacramento, CA |

California tax revenues have soared past projections for the critical month of April – with several days yet to go. But the state’s overall budget situation is very much still up in the air.

Read the rest of this entry »

LAO

By Chris Megerian
April 14, 2015

California’s drought has threatened farmers, ski resorts and golf courses, but it’s unlikely to do much damage to the state’s overall economy or budget, according to a new report.

Read the rest of this entry »

calpers

Capitol Alert
The go-to source for news on California policy and politics
By Dale Kasler
dkasler@sacbee.com
04/14/2015 5:54 PM

CalPERS is about to raise pension contribution rates again, this time by more than 9 percent, a move that will cost state government and local school districts nearly $600 million.

Read the rest of this entry »

John Scott

Sachi Hamai, right, then-executive officer to the Los Angeles Board of Supervisors, administers the oath of office to interim Sheriff John Scott on Jan. 30, 2014. Hamai is now the county’s interim chief executive officer and Scott has been replaced by Sheriff Jim McDonnell. (Allen J. Schaben)

By Abby Sewell
April 13, 2014

Los Angeles County officials plan to spend more than $100 million over the next year to reduce abuses in the county’s crowded jails, improve treatment of mentally ill inmates and divert others with mental health issues from entering lockups.

Read the rest of this entry »

California Public Radio: California Revenues Strong In March

California Seal

Katie Orr
Friday, April 10, 2015 | Sacramento, CA

The California Controller reports today General Fund revenues for March came in $547 million above projections.

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Capitol Weekly: A move to restore suspended driver’s licenses

Unpaid Fines

By John Howard
Posted 04.08.2015

With one in six California drivers – about 4.2 million people — having suspended licenses because they can’t pay court fines, a lawmaker has proposed reducing the suspensions in non-violent cases and setting up an amnesty program to help motorists.

Read the rest of this entry »

calpers

By Ed Mendel
April 9, 2015

Actuaries recommend a $487.2 million annual increase in state payments to CalPERS in the new fiscal year that begins in July, an increase for state worker pensions of about 10 percent to $4.9 billion.

Read the rest of this entry »

Dan Walters

Dan Walters
Observations on California and its politics
dwalters@sacbee.com
04/07/2015 – 8:27 PM

April is the most important month for the state budget, due to its over-reliance on personal income taxes, and every indication points to a strong flow of revenues. But it creates a political problem for Gov. Jerry Brown.

Read the rest of this entry »

The Sacramento Bee: Opinion: California’s schools gain in financing

Dan Walters

Dan Walters
Observations on California and its politics
dwalters@sacbee.com
03/29/2015 – 07:15 PM

One of the Capitol’s perpetual debates is over how much California spends to educate its 6.2 million elementary and high school students, especially in relationship to other states.

Read the rest of this entry »

The Sun: San Bernardino bankruptcy ‘unique,’ ‘perplexing,’ creditor says

question-mark

By Ryan Hagen, The Sun
Posted: 03/27/15, 12:01 AM PDT

RIVERSIDE >> San Bernardino’s lack of progress as the deadline to file a bankruptcy exit plan approaches is “perplexing” and shows an important contrast with other cities that have gone through bankruptcy, according to an attorney representing the city’s pension obligation bondholders who also was involved in bankruptcies in Detroit, Stockton, and Central Falls, Rhode Island.

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U-T San Diego: CPUC set to spend $5.2M on defense lawyers

CPUC

The agency is facing three criminal probes.

By Jeff McDonald
March 26, 2015 – 6:26 p.m.

The California Public Utilities Commission has arranged to spend as much as $5.2 million on criminal-defense lawyers to respond to ongoing state and federal investigations.

Read the rest of this entry »

San Bernardino Seal

Reuters

LOS ANGELES | By Tim Reid
Thu Mar 26, 2015 – 6:28pm EDT

(Reuters) – The bankrupt California city of San Bernardino revealed on Thursday details of its deal with the state’s public pension system Calpers, in which the retirement fund will be paid in full under the city’s bankruptcy exit plan.

Read the rest of this entry »

GOP

By Jonathan Weisman
March 27, 2015

WASHINGTON — Emerging from an all-night session that contained more exhaustion than drama, Senate Republicans squeaked through a budget blueprint Friday morning that would repeal the Affordable Care Act, fundamentally remake federal health care for the poor and elderly, and push the federal deficit toward zero over the next decade.

Read the rest of this entry »

Adelanto Logo

By BROOKE SELF
STAFF WRITER
Posted Mar. 22, 2015 at 3:50 PM

ADELANTO — About 40 former Adelanto employees and a few City Council members are named on a list of those who were grandfathered into a city policy granting free health care benefits for life, with an additional 26 former employees who stand to qualify but have not yet sought reimbursement, according to city records.

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Calpensions: LAO: consider phasing out retiree health care

LAO

By Ed Mendel
Monday, March 23, 2015

Gov. Brown’s plan to curb the long-ignored debt for state worker retiree health care, now much larger than their unfunded pension debt, may look familiar. It’s similar to the standard state and local government pension reform.

Read the rest of this entry »

Overtime Pay

By Judy Lin, The Associated Press
Posted: 03/22/15, 2:06 PM PDT |

SACRAMENTO >> Overtime for California’s state workers rose 20 percent last year and topped $1 billion even though there are 20,000 fewer employees than in pre-recession 2008, the last time the state paid out so much, according to new payroll data.

Read the rest of this entry »

InlandPolitics: San Bernardino risks bankruptcy dismissal

San Bernardino Seal

Sunday, March 22, 2015 – 10:30 a.m.

Just as bankrupt San Bernardino, California is starting to get its act together, comes another possible step backwards.

Read the rest of this entry »

U.S. House of Representatives

By Josh Hicks
March 19, 2015 at 8:16 PM

A correction to the House Republican budget released this week could mean far deeper cuts for federal employees than the original document suggested, further alarming government workers and their unions already upset about hits they have taken in recent years.

Read the rest of this entry »

The Sun: Auditor: San Bernardino unlikely to meet deadline

San Bernardino Seal

By Ryan Hagen, The Sun
Posted: 03/17/15 – 6:41 PM PDT |

SAN BERNARDINO >> The city’s auditor revealed for the first time late Monday that it might be impossible to finish auditing the city’s financial statements in time for them to be used in a bankruptcy exit plan due May 30, potentially opening the city to crippling attacks by creditors.

Read the rest of this entry »

gavel

By Ryan Hagen, The Sun
Posted: 03/17/15, 2:59 PM PDT

RIVERSIDE >> A federal judge in San Bernardino’s bankruptcy case ruled Tuesday that the city can reject its bargaining agreement with the city’s police union.

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Jon Ortiz

The State Worker
Jon Ortiz chronicles civil-service life for California state workers
By Jon Ortiz
jortiz@sacbee.com
03/18/2015 – 4:27 PM

Unions lined up Wednesday to oppose Gov. Jerry Brown’s proposal to offer high-deductible medical coverage to state employees, suggesting it could hurt workers’ health instead of improving it.

Read the rest of this entry »

Los Angeles Times: California revenue beats estimates for another month

California Seal

By Chris Megerian
March 16, 2015

California tax revenue continues to outpace expectations, Gov. Jerry Brown’s administration announced Monday.

Read the rest of this entry »

Press Enterprise: RIVERSIDE COUNTY: $6.4 million spent on lobbyists in past decade

Riverside-County-Seal

Published: March 13, 2015
Updated: March 15, 2015 10:42 p.m.

Riverside County has spent more than $6 million on outside lobbyists since 2004, records show.

To read story by Jeff Horseman in The Press-Enterprise, click here.

San Bernardino Seal

By Ryan Hagen, The Sun
Posted: 03/15/15, 8:08 PM PDT | Updated: 2 hrs ago

SAN BERNARDINO >> It’ll cost double what we said, and if you don’t agree you’ll be thrown out of bankruptcy court.

Read the rest of this entry »

Calpensions: High court ruling weakens retiree health rights

Supreme Court of the United States

By Ed Mendel
March 16, 2015

A U.S. Supreme Court ruling in January weakens the “vested rights” protection of retiree health care based on a labor contract, potentially making it easier for government employers to cut a growing cost.

Read the rest of this entry »

Debt Limit

By Jim Puzzanghera
March 13, 2015

The Treasury Department has started taking steps to extend the federal government’s borrowing ability as the U.S. hits its debt limit again Monday, Treasury Secretary Jacob J. Lew told lawmakers Friday.

Read the rest of this entry »

Press-Enterprise: INDIO JAIL: Price tag now $331 million

Riverside County Indio Jail

Cost for Riverside County facility increases almost 40 percent from 2012 estimate of $237M.

Published: March 10, 2015 – Updated: 9:41 p.m.

Ground has yet to be broken on the long-awaited expansion of the Riverside County jail in Indio. But the estimated cost continues to grow.

To read story by Jeff Horseman in The Press-Enterprise, click here.

California Money

By David Siders
dsiders@sacbee.com
03/10/2015 11:14 AM

In the latest sign of California’s improving budget outlook, tax revenue last month beat estimates by about $1 billion, the state controller said Tuesday.

Read the rest of this entry »

Dan Walters

By Dan Walters
dwalters@sacbee.com
03/10/2015 11:59 PM

There were once bright lines that separated the state’s general fund budget from its special funds.

Read the rest of this entry »

Lou Desmond

Tuesday, March 10, 2015 – 04:30 p.m.

Tonight on The Lou Desmond & Company Show, Dr. Adrian Moore, vice president of policy at the Reason Foundation, joins Lou to talk about the sudden ousting of San Bernardino’s financial director in the midst of the city’s financial woes.

Read the rest of this entry »

San Bernardino Seal

By Ryan Hagen, The Sun
Posted: 03/09/15, 6:09 PM PDT

SAN BERNARDINO >> The city’s finance director is on administrative leave after just months on the job, with next week projected to be his last according to City Manager Allen Parker.

Read the rest of this entry »

Victorville

Accounting firm OK’s statements in annual audit.

By SHEA JOHNSON
STAFF WRITER
Posted Mar. 9, 2015 at 5:46 PM

VICTORVILLE — The accounting firm hired to audit the city’s financial statements recently offered a clean bill of health for fiscal year 2014, also noting vast improvements to how the city tracks its finances.

Read the rest of this entry »

Calpensions: Brown plan may cut state retiree health payment

Pay Cut

By Ed Mendel
Monday, March 9, 2015

Something that rarely happens in California could result from Gov. Brown’s proposal to contain growing state worker retiree health care costs — benefits received by current government retirees might be reduced.

Read the rest of this entry »

SacBee (AP): Lew tells Congress of emergency measures to avoid debt limit

Debt Limit

By Martin Crutsinger
AP Economics Writer
03/06/2015 – 4:41 PM

WASHINGTON — Treasury Secretary Jacob Lew told Congress on Friday that he will start using the package of emergency measures he has used in the past to keep the federal government from going over the debt limit next week.

Read the rest of this entry »

Politico: John Boehner ends stalemate

John Boehner

He bucks conservatives to pass a ‘clean’ Homeland Security funding bill. M.Scott Mahaskey/POLITICO)

By Lauren French, Jake Sherman and John Bresnahan
3/3/15 8:57 AM EST
Updated 3/3/15 5:01 PM EST

The House approved a nine-month funding bill for the Department of Homeland Security Tuesday, breaking a lengthy stalemate over President Barack Obama’s immigration policies that exacerbated the rift between Speaker John Boehner and the conservative wing of his conference.

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U.S. Capitol
Democrats could use the rules to force a clean funding bill through the House, unless the GOP decides to stop them.

By Daniel Newhauser
March 2, 2015

House Republican leaders still don’t seem to have a plan to avoid a partial shutdown of the Department of Homeland Security at the end of the week. But they may have an escape hatch—one that could technically keep the department open without GOP fingerprints, but might infuriate conservatives in the process.

Read the rest of this entry »

SacBee: Tax breaks mostly help the masses

Dan Walters

By Dan Walters
dwalters@sacbee.com
03/02/2015 12:01 AM

Critiquing California’s state and local tax structure – which generates more than $200 billion a year – has become something of a cottage industry.

Read the rest of this entry »

Pensions

By Ed Mendel
Monday, March 2, 2015

On the day that Stockton emerged from bankruptcy last week, ending 32 months of debt protection, the final court argument was about the “cram down” imposed on the only creditor that did not cut a deal.

Read the rest of this entry »

InlandPolitics: Gas price watch

Gas Price Watch

Sunday, March 1, 2015 – 11:00 a.m.

The Inland Empire’s out-of-control climb in gasoline prices added another 10 cents per gallon Saturday.

Read the rest of this entry »

InlandPolitics: S.B. County Pension Fund below target

SBCO

Saturday, February 28, 2015 – 01:00 p.m.

San Bernardino County’s pension fund has underperformed for the first half of its current fiscal year.

Read the rest of this entry »

InlandPolitics: Build it and they will come?

If You Build It They Will Come

Saturday, February 28, 2015 – 11:30 a.m.

San Bernardino County leaders, not Inland Empire as a whole, seem fascinated with building public works projects that will never be self-sustaining. Even though they say otherwise.

Read the rest of this entry »

U.S. Department of Treasury

By Philip Klein | February 26, 2015 | 6:11 am

The U.S. Treasury Department has rebuffed a request by House Ways and Means Chairman Rep. Paul Ryan, R- Wis., to explain $3 billion in payments that were made to health insurers even though Congress never authorized the spending through annual appropriations.

Read the rest of this entry »

The Sun: San Bernardino-to-Redlands rail project raises funding questions

Question Mark

By Sandra Emerson, Redlands Daily Facts
Posted: 02/24/15, 12:01 AM PST | Updated: 1 day ago

REDLANDS >> With a voter-approved commuter rail project that would take riders from San Bernardino to Redlands and back looming as early as 2018, local public transit critics are ringing bells over its funding.

Read the rest of this entry »