Tag Archives: 2010CalBudget

California’s Controller, John Chiang, called California’s cash situation “precarious.” Mr. Chiang called on the legislature and Governor Schwarzenegger to act on the $9 billion of budget cuts by March. The alternative is that California will run out of cash. If … Continue reading →

There is some good news in California this weekend. We’re apparently about to be hit with a lot of rain. The television stations are saying we’ll get four to eight inches this coming week. That doesn’t sound like much, but … Continue reading →

California remains in financial trouble. The state faces a $21 billion deficit. Meanwhile, the economic news doesn’t appear particularly good. First, a judge in Alameda County (Oakland) rejected some of the furloughs implemented by Governor Schwarzenegger. The ruling impacts about … Continue reading →

The joy of living in California. The wonderful climate (it’s going to be 70 and sunny today). The beach is just a 15 minute drive from my house. I live in the safest city in the country. And our state … Continue reading →

Earlier this week I wrote that California might be facing a $20 Billion Deficit. You’ll be happy to know I was wrong. The Legislative Analyst (LAO) released his official forecast today; he projects a $20.7 Billion deficit for the next … Continue reading →

After the three budget battles during the past 18 months, are Californians ready for the fourth installment of the state budget crunch next Spring? Like it or not, it’s coming. This report notes that a $20 Billion is possible for … Continue reading →