Feb. 2, 2017
High energy costs then translate into high costs of food and supply since suppliers have to buy electricity and gas, Mayes said. Because of the high costs, companies that offer good-paying marketing jobs don’t want to expand into California. This makes it hard for people with limited education to find high enough wages. “We don’t have the jobs that pay for those who didn’t go to Stanford or UCLA or didn’t go to Berkeley or didn’t get a degree in computer science and life science,” he said.
Dec. 23, 2015
Six months after Gov. Jerry Brown called for a special session of the Legislature to fix the state’s crumbling roads, the potholes are just as deep, the motorists are just as irritated and the multibillion-dollar cost is just as high.
June 18, 2015
For months, groups representing labor, contractors, local governments, transportation interests and others worked on legislation to revamp the state’s roads and ease the movement of freight at the state’s ports. The bill, which would use the $1 billion collected annually in truck weight fees for road work, awaits action on the Senate floor. The measure may be converted to a special session bill and serve as the centerpiece of the legislative session.
May 26, 2015
Despite the bull market, the state’s other big pension fund, the California Public Employee Retirement System (CalPERS), recently imposed a 50% increase in pension costs on local and state governments, and there will be more. The diversion of government revenues to pension costs explains in part why, despite record revenues higher than before the Great Recession, state spending on social services, courts, parks, universities and other programs is lower.
May 14, 2015
Gov. Jerry Brown, who got nailed for parking in a yellow zone, is pushing an amnesty program for millions of California drivers caught in what he called a “hellhole of desperation” from spiraling legal fines and fees.