Posts Tagged: $1 billion

News

That sound you hear — ka-ching! — is California’s November ballot

The Barona Resort and Casino in Lakeside, located on the Barona Indian Reservation in San Diego County.(Photo: Sherry V Smith, via Shutterstock)

With California’s statewide top-of-ticket races stacking up as weak-challenger romps, attention – and spending – turns to seven ballot measures, which taken together may well add up to the costliest state election ever. Experts say this could be the year that election-related spending tops $1 billion – a figure more in line with a presidential campaign.

Opinion

Capitol Annex Project: No transparency and too costly

California's state Capitol in Sacramento, viewed from the 10th Street side. (Photo: Kit Leong, via Shutterstock)

OPINION: Have you heard of the Capitol Annex Project? Probably not, though with a price tag of more than $1 billion (coming from taxpayers’ wallets), you should have. It’s no surprise the general public isn’t aware since this plan to uproot the Capitol grounds has been mired in secrecy since its inception.

News

Construction, politics, secrecy clash in Capitol project

The state Capitol's East Annex. (Photo: State Department of General Services)

A fight is brewing in the Capitol – about the Capitol. It’s all about plans to build a new Visitors Center beneath the domed West Wing and demolish the 68-year-old East Annex, replacing it with one of three proposed buildings.

News

Newsom: More than half in CA face coronavirus infection

Illustration of the coronavirus impact on California. (Image: bekulnis, via Shutterstock)

Gov. Gavin Newsom on Thursday estimated that more than half of California’s 40 million people will be infected by the coronavirus during the next two months. “We project that roughly 56 percent of our population … will be infected with the virus over an eight-week period,” Newsom wrote in a letter to President Donald Trump.

Opinion

Costly health care and pharmacy benefit managers

Drugs on a shelf for sale at a pharmacy. (Photo: i viewfinder, via Shutterstock)

OPINION: With the rising cost of health care at forefront of nearly every Californian’s mind, lawmakers in Sacramento are rightly considering a range of potential policy proposals to help rein in costs. In 2018, legislators took positive initial steps to regulate some of the egregious business practices of pharmacy benefit managers (PBMs) – little-known middlemen in the health care system who have contributed to rising costs.

News

PG&E by any other name: Golden State Power Light & Gas?

A utility worker handles repairs on a power pole. (Photo: Richard Thornton, via Shutterstock)

PG&E’s reputation has been so battered over its wildfire liabilities and other problems that some think it should change its name. A group of bondholders trying to take over the utility company has proposed that they re-brand it to Golden State Power Light & Gas Co. They made the proposal during proceedings in PG&E’s bankruptcy court case earlier this year.

News

Community health centers battle for funding

Lisa Zeelander, a medical doctor at Valley Community Healthcare in North Hollywood, examines patient Pamela Richardson, 60, on Wednesday, Dec. 21, 2016. (Photo: Heidi de Marco/KHN)

It’s been nearly two weeks since a crucial deadline passed to continue funding for community health centers, the nonprofit facilities that deliver care to the poor and uninsured in California and across the country. Congress is still squabbling over the details, advocates are still scrambling to get the funding renewed and the centers are starting to plan for the bottom line.

News

In November, questions of life and death

The execution chamber at San Quentin prison. (Photo: CDCR)

Will November mark the death of the death penalty? This fall, Californians will be asked yet again whether they would like to abolish capital punishment. Voters last faced the issue in 2012, a presidential election year, and rejected the idea.

Opinion

Politics, pocketbook go together

Everyone knows about the pharmaceutical companies, defense contractors and other financial interests that dominate political spending in Washington, D.C. Because federal spending provides a big share of those businesses’ revenues, it’s not surprising they spend heavily for a Congress sympathetic to their interests. But fewer know about the financial interests that dominate political spending in Sacramento.

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