Posts Tagged: cities and counties
A tipped bottle with coins: An illustration of pension funding. (Photo: JeJai Images, via Shutterstock)
OPINION: Growing public pension deficits have plagued our nation for years, but in the midst of some of the harshest fiscal blows from the pandemic, this problem is something we can no longer ignore. While California champions itself as a leader of positive change in the United States, we also happen to be the leader in skyrocketing pension obligations. And there are no signs of this unsustainable pattern slowing down.
A photo illustration depicting sky-high interest rates. (Image: Becky Stares, via Shutterstock)
OPINION: High-cost, extreme interest rates are having a detrimental impact on the financial stability and well-being of both credit markets and borrowing consumers. We strongly support Assembly Bill 539 (Limón) as the right approach for consumers to have a loan that is affordable and accessible while promoting a sustainable, healthy credit market for lenders.