Posts Tagged: hundreds of millions

News

Stem cell agency refi: LAO sees $7.8 billion price tag

A pipette and vessels usd in stem cell research. (Photo: CI Photos, via Shutterstock)

The price tag for refinancing California’s unique and ambitious stem cell research program could run to close to $7.8 billion, give or take a few hundred million dollars or more. So says the state’s legislative analyst in a financial analysis of a proposed ballot initiative that is likely to be on next November’s ballot. 

News

Billions of dollars at stake in toll road suits

Traffic approaching the toll plaza for the San Francisco - Oakland Bay Bridge. (Photo: Ann Baldwin, via Shutterstock)

Skipping out on paying a highway or bridge toll has long been a surefire way to get hit with a big fine. But if a raft of pending lawsuits seeking to overturn how toll operators share information about scofflaws is successful, California toll operators say taxpayers may end up taking the biggest hit.

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