Posts Tagged: 7.5 million

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Price tag in Newsom recall battle starting to grow

Demonstrators in Huntington Beach protesting Gov. Newsom's closure orders in 2020. (Photo: mikeledray, via Shutterstock)

An effort to recall Democratic Gov. Gavin Newsom has not even reached the ballot, but foes and backers of the governor already have raised or spent more than $7.5 million, with the likelihood of much, much more to come. The fundraising is a work in progress but all but certain to expand exponentially if, as expected, the effort makes the ballot and an election is held later this year.

News

Brown OKs state-run pensions for private workers

The road ahead upon retirement. (Photo illustration: Gustavo Frazao, via Shutterstock.)

Gov. Brown has signed historic legislation to set up California’s first state-run pension plan for private-sector workers, allowing millions of employees to continuously build a retirement nest egg regardless of where they work. The governor’s decision means California joins seven other states that offer similar programs, although California’s plan, called Secure Choice, will automatically enroll about 6.8 million workers.

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