A bond measure to fund water projects in California easily passed Tuesday. But what might not be so easy is getting relief from the state's drought.» Read More
Gov. Jerry Brown of California announced when he came into office last year that he had found an alarming $28 billion “wall of debt” looming over the state, which had to be dismantled. Since then, he has slowed the issuance of municipal bonds, called for spending cuts and tried to persuade the state’s famously antitax voters to approve a tax increase this fall the New York Times reports.
California Gov. Jerry Brown and Democratic leaders reach agreement to finalize the budget for the financially strapped state. A vote of the Legislature will take place next week.
In the budget revision released this week by California Governor Jerry Brown, there was only one thing to “like”—Facebook.
California governor Jerry Brown said Wednesday in his 'State of the State' speech: "tax revenues are increasing and the state deficit has been reduced significantly, though a 9 billion hole remains," before asking voters to approve tax hikes.
When people lament the cost of college, they’re usually talking about tuition. They often don't think of room and board. Now, there's a list that shows that a bed and three square meals a day aren’t cheap either.
California is still having a tough go of it financially. Two men who grew up here, and whose careers went in very different directions — Jerry Brown and Michael Milken — met in Beverly Hills this week to figure out ways to get the Golden State back on its feet