California is spending much more on schools since the passage of Governor Brown’s temporary tax increase, Proposition 30, but is likely to slip back toward the bottom once those higher taxes expire.
Most of the proposal would accelerate spending that voters have already approved for water and flood projects.
Congressman Mike Honda was in a nearly empty House Chamber listening to a California colleague speak on Homeland Security spending when he fell asleep on camera.
The report from Standard & Poor’s found that contrary to popular belief, lower spending has spurred California’s economic recovery, and not higher revenues.
California may not have the hotly contested, high-profile races for U.S. Senator or governor that some other states do this year, but it’s still attracting some of the biggest campaign spending in the country.
With little over two weeks to go until the upcoming election, Governor Jerry Brown appears to be doing very little to put much of a dent into the $23 million he’s raised to campaign for re-election.
Berkeley city leaders began looking at how money is spent on homeless services on Tuesday after a recent report concluded it is not being done efficiently. The vision for a new system is a drastic change from the current approach.
Netscape founder Marc Andreessen says startups are burning too much cash right now, at a rate similar to the 1999 dot com bubble, according to Business Insider. Andreessen went on Twitter last week to warn that overspending companies will “vaporize” when the broader stock market begins to go south.
Republican gubernatorial candidate Neel Kashkari is ponying up $500,000 of his own money and launching his first television ads of the campaign.
San Francisco lawmakers have begun a series of hearings on homelessness in the city, which focuses on cost-effective strategies to house the homeless.