Search results
Results from the WOW.Com Content Network
The California Little Hoover Commission (LHC), officially the Milton Marks "Little Hoover" Commission on California State Government Organization and Economy, [1] is an independent California state oversight agency modeled after the Hoover Commission and created in 1962, that investigates state government operations and promotes efficiency, economy and improved service through reports ...
Certain scholars and politicians have advocated for a reform of the law to allow states to seek bankruptcy. [6] [3] [4] They argue that the law will require voluntary consent by the state and will not give the federal government or creditors the power to force a bankruptcy; therefore it would not interfere with state sovereignty or be unconstitutional.
Issues and manages public debt. To this end, the treasurer is trustee, registrar, and paying agent for all general obligation and revenue bonds contracted by the state of California. [10] In addition, the state treasurer supervises and reports on municipal debt. [11] Invests state funds. Assets under the state treasurer's management include ...
The U.S. Court of Appeals for the District of Columbia Circuit blocked an attempt by Ohio, Alabama, Texas and other Republican-led states to revoke California's authority to set standards that are ...
California’s Employment Development Department, which oversees the state’s unemployment insurance program, has said that it would rely on increased federal taxes on employers to pay down the debt.
These individuals (in the case of the Board of Equalization, its members) are specifically denominated by article V, section 14 and article III, section 8, of the Constitution as 'state officers', are generally elected, are restricted from receiving money from certain sources and have their salaries determined by the California Citizen's Compensation Commission.
By June, the bill had cleared the California State Senate and went back to the assembly for a vote to concur in the senate's minor amendments to the bill, which Marks indicated would follow in due course. [5] By September, Governor Brown had signed the bill into state law and had started to appoint officials to positions in the new department. [6]
The Department of Government Efficiency was given access to the Treasury Department’s payment system, which is responsible for $6 trillion in federal disbursements. Sen. Sen.