Posts Tagged: funded
News
San Francisco has taken its first major step toward establishing a public bank, and other California municipalities are also moving forward in exploring public banking, including a regional effort by cities and counties on the Central Coast. The California statute reportedly is adding fuel to a nationwide public banking effort.
News
A perfect storm of events is giving Gov. Gavin Newsom political headaches, and he is yet again the subject of a recall movement that claims to have already collected more than 800,000 signatures. It marks the sixth attempt by various Republicans to oust Newsom – the other five fizzled. Few veteran political observers give this one any chance of success, either, although California politics is full of surprises.
News
Billions of dollars for California’s health care system serving 13 million poor and young people would be slashed dramatically under a GOP-backed proposal in Congress supported by House Majority Leader Kevin McCarthy and other top Republicans.
News
For the new plan the state this fiscal year is paying $63.2 million (24.6 percent of pay) for the pensions of 1,407 judges (1,352 active). Judges Retirement System II is 95 percent funded with a debt or “unfunded liability” of $41.2 million.