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Thierry Chesnot/Getty Images Bill Gates just purchased a $43 million 5,800-square-foot home in Del Mar, California, reported Katherine Clarke for The Wall Street Journal. Gates has an estimated ...
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 ...
California faced another budget gap for 2010, [8] with $72 billion in debt. [9] California faced a massive and still-growing debt. [10] In June 2009 Gov. Arnold Schwarzenegger said "Our wallet is empty, our bank is closed and our credit is dried up." [11] He called for massive budget cuts of $24 billion, about 1 ⁄ 4 of the state's budget. [11 ...
News reports and commentators have cited the state's various legislative supermajority requirements as a contributing factor to the state budget crisis. [23] [24] The state has a long history of supermajority requirements with a 1933 state ballot measure mandating a two-thirds supermajority to pass the state budget and California Proposition 13 (1978) mandating another two-thirds supermajority ...
Republicans and Democrats are stuck over how to increase the federal government’s debt limit, and that could mean big economic trouble for California and, for that matter, the nation and world.
The speaker of the California State Assembly presides over the State Assembly. The lieutenant governor is the ex officio president of the Senate and may break a tied vote, and the president pro tempore of the California State Senate is elected by the majority party caucus. The Legislature meets in the California State Capitol in Sacramento.
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The CALFED Bay-Delta Program, also known as CALFED, is a department within the government of California, administered under the California Resources Agency.The department acts as consortium, coordinating the activities and interests of the state government of California and the U.S. federal government to focus on interrelated water problems in the state’s Sacramento–San Joaquin River Delta.