Posts Tagged: decade
Unhealthy smoke covering San Jose in 2018, the result of wildfires. (Photo: 1000Photography, via Shutterstock)
OPINION: The impact of California’s wildfires have left residents across the state with unhealthy air that residents in the Central and Inland Valley breathe throughout the year. The American Lung Association’s 2019 “State of the Air” report shows that 11 California cities rank within the highest ozone levels or worst particulate contamination in the nation.
The CalPERS headquarters in Sacramento. (Photo: Kit Leong, via Shutterstock)
Once CalPERS could shrug off low funding and rising employer costs as just another downturn, staying the course in the long-term strategy of getting most of its money from market investments that go up and down. This time is different.
The House membership in the 114th Congress. (Photo: Wikipedia)
Nine races in November could determine which party controls the House for the next decade—and the map looks good for Democrats. This fall, Democrats face a bad map in the Senate and are in a tough battle to take back the House. But the party is on offense in nine crucial contests around the country that could determine control of Congress for the next decade.
Former Assembloyman Roger Niello. (Photo: rogerniello.com)
He was elected to his last term in the Assembly nearly a decade ago, but it’s hard to drive around Sacramento without seeing his name constantly. From Acura to Volvo, the Niello name can be found on license plate frames throughout the region.
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.
A soft drink waiting to be consumed. (Photo: Aiaikawa, vis Shutterstock)
After several failed attempts to impose statewide taxes on sweetened beverages like sodas and fruit drinks, a bill was circulated last year that would have required warning labels on hundreds of beverages, which would have read: “STATE OF CALIFORNIA SAFETY WARNING: Drinking beverages with added sugar contributes to obesity, diabetes, and tooth decay.” Fortunately, common sense prevailed and the bill died in committee; but it has been resurrected this year – S.B. 203 (Monning, D-Carmel).
A landfill strewn with plastic bags. (Photo: Picsfive, Shutterstock)
With California’s law banning plastic bags on hold, the plastic bag industry and its allies already are pouring money into California in hopes of overturning the law in a referendum two years down the road. Referendum proponents have until Dec. 29 to collect enough signatures to put the referendum before voters in November 2016.
The CalSTRS board was told this month that financial experts are forecasting investment earnings of 7 percent a year or less during the next decade, below the 7.5 percent assumed by the pension fund. If that’s correct, long-sought legislation in June that phases in a $5 billion CalSTRS rate increase over the next seven years could fall short of the goal of projecting full funding in three decades.