Posts Tagged: declines
A view across the river of the CalSTRS headquarters in West Sacramento. (Photo: ImageAllan, via Shutterstock)
OPINION: Here’s the best advice: To the more than 3 million retirees, teachers, firefighters, nurses, police officers and other state and local government employees who rely on the state’s two largest pension funds: Do not be alarmed. To the critics who periodically predict – always following downward swings in the stock market – that the pension funds will someday not be able to meet their obligations: Do not be alarmist.
A stretch of the Klamath River in far northern California near the Oregon line. (Photo: Victoria Ditkovsky, via Shutterstock)
The governors of California and Oregon, leaders of the Yurok and Karuk Tribes, PacificCorps and billionaire investor Warren Buffet announced a landmark, $450 million agreement Tuesday to remove four dams on the Klamath river to restore dwindling salmon populations.
A cigarette smoker enjoying his habit. (Photo: Pe3k, via Shutterstock)
An initiative aimed at next year’s ballot to more than triple the tax on California cigarettes would raise at least $1.3 billion annually, with the money going to an array of health and other programs, according to the Legislature’s nonpartisan fiscal adviser. The Legislative Analyst’s Office reported Monday that the proposal to add $2 in taxes to a pack of cigarettes would increase the per-pack taxes to $2.87.