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Debt

A view of the California State Capitol in Sacramento, California. (Justin Sullivan/Getty Images)

Task Force: Accounting Tricks Mean Impending California Budget Doom

California and other states need to start being honest about their budgets and future liabilities, or face a terrible reckoning a generation from now, that according to the State Budget Crisis Task Force.

01/15/2014

California Gov. Jerry Brown discusses pension reform during a news conference on August 28, 2012 in Los Angeles. (Kevork Djansezian/Getty Images)

Gov. Brown Reportedly Proposing To Pay Down $11B In State Debt

Gov. Jerry Brown’s budget for the coming fiscal year calls for an 8.5 percent increase in general fund spending coupled with a dedication to pay down the state’s debt by more than $11 billion.

01/08/2014

Students walk near Sather Gate on the University of California at Berkeley campus. (Justin Sullivan/Getty Images)

ConsumerWatch: Program Helps Public Servants Forgive Student Loans

College debt means dreams delayed for many graduates. A little-known program could help many former students get off the hook for their debts.

09/16/2013

(CBS)

Phil Matier: Lessons From Detroit’s Bankruptcy

Detroit’s bankruptcy comes on the heels of similar filings in recent years by Vallejo and Stockton. Phil Matier, joined by former SF Mayor Willie Brown, says there are lessons to be learned.

07/19/2013

Students walk to class at UC Berkeley (Justin Sullivan/Getty Images)

Report Finds College Still A Good Investment For Californians

Despite rising tuition and growing student loan debt, college is still a good investment.

06/04/2013

Photo Credit: Thinkstock.com

What To Do With Your Tax Refund

Most tax filers are getting a refund after they file their 2012 return. With the average refund running about $3,000, a lot of people will be thinking about what to do with the extra cash.

03/18/2013

Facebook

Facebook Use Linked To Increased Weight, Credit Card Debt New Study Finds

Spending time on Facebook could leave users with an increased waistline, and decreased self-control, according to a new study.

12/17/2012

U.S. Speaker of the House Rep. John Boehner (R-OH) (Photo by Alex Wong/Getty Images)

Opinion: The Fourteenth Amendment Solution

Speaker John Boehner believes he holds a strong hand in fiscal cliff and debt limit talks. He is, once again, taking the global economy hostage and playing politics with the U.S. debt limit.

11/29/2012

House of Representatives Minority Leader Nancy Pelosi. (D-San Francisco). (Stan Honda/AFP/GettyImages)

Pelosi Says ‘No Time To Waste’ On National Debt

Democratic Leader Nancy Pelosi said there is “No time to waste” in reaching an agreement to reduce national debt.

11/27/2012

A collection notice with Alameda County District Attorney letterhead. (CBS)

Bay Area DA’s Offices Outsource To Collect Big From Bad Check Writers

Bouncing a check has never been a good thing to do, and in a strange twist of irony where people are writing few and fewer of them—the penalty for writing a bad one might be harsher than it was before.

11/12/2012

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