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On one overseas trip, the state appears to have spent more than $12,000 for the GOP governor’s business-class tickets for a September 2007 trade mission to China, while his aides flew in economy class for airfares as low as $1,900.
Moody's cut its rating on Tuesday on about $72 billion of California's
debt to near junk status, citing the state's budget crisis, but a top
lawmaker said a deal to close a $26.3 billion gap was near.
Republican legislative leaders are proposing to fix part of their budget problems by taking $210 million that cities have collected from developers. All it does is put the burden back on the rest of the taxpayers — taxpayers whose own home prices inc
California’s Senate remained deadlocked over a plan to raise taxes to help close the state’s $42 billion budget shortfall as Republicans replaced their leader who sought to build support for the plan.
