Posts Tagged: kevin

News

State-run IRA drawing supporters

It had a name, Secure Choice, and now an attempt to create the first state-run “automatic IRA” for workers with no retirement plan has its first donors, authorization to hire consultants and a favorable response from a wide range of groups asked for advice. The author of the program, Sen. Kevin de Leon, D-Los Angeles, may become the next leader of the state Senate. So the plan being developed by a nine-member board could have a strong advocate when it comes back to the Legislature for approval.

News

Waiting for Hertzberg?

Speculation by Capitol insiders that Bob Hertzberg, one time Assembly Speaker, now running for a San Fernando Valley state senate seat, is already in the mix to be the next president pro tem of the senate, may intensify given recent political moves.

 

Hertzberg’s endorsement list is beginning to look like a small telephone book

News

Brown, lawmakers cut deal on Prop. 39 funds

For a while, at least, it appeared that state government was pitching a perfect game.

 

Proposition 39, a ballot initiative to change corporate state income tax policy by closing a $1 billion loophole approved years before during the Schwarzenegger administration, won 61 percent of the vote, despite the dim odds confronting any measure that

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