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Monthly Archives: March 2009

Budget Battles: Maldo v. Poizner

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Ah, the fun days of budget brawling aren’t over yet. Today’s tussle features the most prominent Republican legislator to vote in support of the $40 billion budget package last month… and the highest ranking Republican running for his party’s nomination … Continue reading »

No Sale of the Big House

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San Quentin, may you rot and burn in hell. May your walls fall and may I live to tell. May all the world forget you ever stood. And may all the world regret you did no good. Those are Johnny … Continue reading »

Podcast: Budget Ballot Battle

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A new poll, positions taken, and strategy being mapped out.

When Is Surplus Property Surplus?

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A popular topic for those inside the state Capitol rooting around for spare change to help close the annual budget gap has been to get rid of surplus state property. And yet, a state audit released today shows that it’s … Continue reading »

Eight Weeks Out, Tough Odds

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If there is any silver lining in a new public poll for supporters of the six budget related measures on the May 19 ballot, maybe it’s this: fewer than one in five likely voters are “very closely” following news about … Continue reading »

Big(ger) GO Bond Sale

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Treasurer Bill Lockyer says the $4 billion general obligation bond offering became a $6.54 billion offering due to sharp demand, as blogged about yesterday.

Audit: A Bad Fiscal Year

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Not that you needed a formal audit of California government to know it, but today’s detailed report gives some final clarity to how much the state took in last year… and how much more it spent.

Judge Rejects Ending Prison Health Oversight

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The federal judge who took control of California prison health care some three years ago rejected a request today to scrap the court-appointed receivership. U.S. District Judge Thelton Henderson denied a petition from Governor Schwarzenegger and Attorney General Jerry Brown … Continue reading »

Bonds Selling Fast. But Why?

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Some good financial news for California coming out of the office of Treasurer Bill Lockyer this morning, as more than half of the planned $4 billion in state general obligation bonds were sold before midday on the West Coast. A … Continue reading »

Podcast: Triggers & Stimuli

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On one hand, California lawmakers have no money for various projects. On the other, they have a lot of money to dole out… and soon. Thus is the odd lay of the land in the news this week at the … Continue reading »